Crewe Advisors LLC Increases Holdings in JPMorgan Equity Premium Income ETF $JEPI

Crewe Advisors LLC grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 32.9% during the 4th quarter, HoldingsChannel reports. The fund owned 38,406 shares of the company’s stock after purchasing an additional 9,514 shares during the quarter. Crewe Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,198,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. FNY Investment Advisers LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $28,000. IVC Wealth Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF by 4.5% during the 4th quarter. IVC Wealth Advisors LLC now owns 202,838 shares of the company’s stock valued at $11,610,000 after purchasing an additional 8,767 shares in the last quarter. Beaumont Financial Advisors LLC raised its holdings in JPMorgan Equity Premium Income ETF by 2.7% in the fourth quarter. Beaumont Financial Advisors LLC now owns 40,082 shares of the company’s stock worth $2,294,000 after buying an additional 1,049 shares during the last quarter. Formidable Asset Management LLC raised its holdings in JPMorgan Equity Premium Income ETF by 9.0% in the fourth quarter. Formidable Asset Management LLC now owns 10,825 shares of the company’s stock worth $618,000 after buying an additional 892 shares during the last quarter. Finally, Mattern Wealth Management LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 2.6% in the fourth quarter. Mattern Wealth Management LLC now owns 9,954 shares of the company’s stock worth $570,000 after buying an additional 250 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

NYSEARCA:JEPI opened at $56.45 on Friday. The stock has a market cap of $41.60 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. The company’s 50 day moving average price is $58.16 and its 200-day moving average price is $57.56. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $59.90.

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.