10,698 Shares in JPMorgan Equity Premium Income ETF $JEPI Purchased by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 10,698 shares of the company’s stock, valued at approximately $611,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Penney Financial LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 4.8% during the 3rd quarter. Penney Financial LLC now owns 90,462 shares of the company’s stock worth $5,165,000 after purchasing an additional 4,138 shares during the period. Summit Wealth Partners LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 1.9% during the 3rd quarter. Summit Wealth Partners LLC now owns 80,351 shares of the company’s stock worth $4,588,000 after purchasing an additional 1,462 shares during the period. Riverbend Wealth Management LLC raised its position in JPMorgan Equity Premium Income ETF by 3.6% in the third quarter. Riverbend Wealth Management LLC now owns 42,287 shares of the company’s stock valued at $2,415,000 after purchasing an additional 1,475 shares during the period. SteelPeak Wealth LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 13.3% during the third quarter. SteelPeak Wealth LLC now owns 47,377 shares of the company’s stock worth $2,705,000 after buying an additional 5,564 shares during the period. Finally, Retirement Guys Formula LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 2.9% in the 3rd quarter. Retirement Guys Formula LLC now owns 73,321 shares of the company’s stock valued at $4,187,000 after buying an additional 2,036 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.32 on Friday. The stock has a market capitalization of $41.03 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. The business has a 50-day moving average of $57.20 and a 200 day moving average of $56.92. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $59.73.

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.