JPMorgan Equity Premium Income ETF $JEPI Shares Newly Purchased by Shepherd Financial Partners LLC

Shepherd Financial Partners LLC purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 18,266 shares of the company’s stock, valued at approximately $1,027,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. NBH Bank acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth approximately $27,000. Financial Management Professionals Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $30,000. Olistico Wealth LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $35,000. William Mack & Associates Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $37,000. Finally, Dynamic Wealth Strategies LLC acquired a new position in JPMorgan Equity Premium Income ETF during the first quarter worth approximately $51,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $56.43 on Monday. The company has a market cap of $45.32 billion, a P/E ratio of 23.93 and a beta of 0.52. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90. The firm’s 50 day moving average is $56.85 and its two-hundred day moving average is $57.15.

About JPMorgan Equity Premium Income ETF

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.