Founders Financial Securities LLC Purchases 27,980 Shares of JPMorgan Equity Premium Income ETF $JEPI

Founders Financial Securities LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 91.0% in the 4th quarter, Holdings Channel reports. The firm owned 58,737 shares of the company’s stock after buying an additional 27,980 shares during the quarter. Founders Financial Securities LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,362,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Crewe Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 32.9% during the 4th quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock worth $2,198,000 after acquiring an additional 9,514 shares during the last quarter. Cascade Wealth Advisors Inc lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 5.9% during the 3rd quarter. Cascade Wealth Advisors Inc now owns 268,627 shares of the company’s stock worth $15,237,000 after acquiring an additional 14,899 shares during the last quarter. Clearstead Trust LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 307.8% during the 3rd quarter. Clearstead Trust LLC now owns 79,494 shares of the company’s stock worth $4,539,000 after acquiring an additional 59,999 shares during the last quarter. Cyndeo Wealth Partners LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 90.4% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock worth $1,542,000 after acquiring an additional 12,790 shares during the last quarter. Finally, Capital Investment Advisory Services LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 32.7% during the 4th quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock worth $12,920,000 after acquiring an additional 55,610 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $56.04 on Friday. JPMorgan Equity Premium Income ETF has a 52-week low of $55.15 and a 52-week high of $59.90. The company has a market capitalization of $44.40 billion, a P/E ratio of 23.93 and a beta of 0.56. The company has a fifty day moving average of $56.68 and a 200-day moving average of $57.54.

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.