62,050 Shares of JPMorgan Equity Premium Income ETF $JEPI Bought by Chapin Davis Inc.

Chapin Davis Inc. bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 62,050 shares of the company’s stock, valued at approximately $3,488,000.

Several other large investors also recently modified their holdings of JEPI. 3Chopt Investment Partners LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 9.0% during the first quarter. 3Chopt Investment Partners LLC now owns 2,143 shares of the company’s stock worth $121,000 after purchasing an additional 177 shares during the period. Private Capital Advisors Inc. increased its stake in JPMorgan Equity Premium Income ETF by 2.2% during the 3rd quarter. Private Capital Advisors Inc. now owns 9,292 shares of the company’s stock worth $522,000 after purchasing an additional 200 shares in the last quarter. Mayflower Financial Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF by 0.7% during the 1st quarter. Mayflower Financial Advisors LLC now owns 30,564 shares of the company’s stock worth $1,732,000 after purchasing an additional 209 shares in the last quarter. Hudock Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 4.3% during the 4th quarter. Hudock Inc. now owns 5,100 shares of the company’s stock worth $292,000 after buying an additional 210 shares during the period. Finally, Capstone Financial Advisors Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 1.6% during the 2nd quarter. Capstone Financial Advisors Inc. now owns 14,739 shares of the company’s stock worth $832,000 after buying an additional 238 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $56.67 on Friday. The firm has a market cap of $45.73 billion, a P/E ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The firm’s 50 day moving average price is $57.09 and its two-hundred day moving average price is $56.72.

JPMorgan Equity Premium Income ETF Company Profile

The JPMorgan Equity Premium Income ETF (JEPI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed fund that invests in large-cap US stocks and equity-linked notes (ELNs). It seeks to provide similar returns as the S&P 500 Index with lower volatility and monthly income. JEPI was launched on May 20, 2020 and is managed by JPMorgan.