MBA Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 9.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 149,423 shares of the company’s stock after purchasing an additional 12,390 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 3.4% of MBA Advisors LLC’s portfolio, making the stock its 9th biggest holding. MBA Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,553,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in the business. Clarity Asset Management Inc. acquired a new stake in JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $25,000. Asset Dedication LLC bought a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth approximately $28,000. FNY Investment Advisers LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $28,000. BTG Pactual Asset Management US LLC acquired a new position in JPMorgan Equity Premium Income ETF in the second quarter worth approximately $31,000. Finally, Logan Capital Management Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at $33,000.
JPMorgan Equity Premium Income ETF Stock Performance
Shares of NYSEARCA:JEPI opened at $56.45 on Monday. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $59.90. The stock has a fifty day moving average of $58.13 and a 200-day moving average of $57.57. The company has a market capitalization of $43.76 billion, a PE ratio of 23.93 and a beta of 0.60.
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.
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