Cary Street Partners Investment Advisory LLC Buys 27,036 Shares of JPMorgan Equity Premium Income ETF $JEPI

Cary Street Partners Investment Advisory LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 517.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 32,265 shares of the company’s stock after acquiring an additional 27,036 shares during the period. Cary Street Partners Investment Advisory LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,847,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of JEPI. FNY Investment Advisers LLC bought a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $28,000. EQ Wealth Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $29,000. BTG Pactual Asset Management US LLC bought a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $31,000. Logan Capital Management Inc. bought a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $33,000. Finally, VSM Wealth Advisory LLC lifted its stake in JPMorgan Equity Premium Income ETF by 84.1% during the 3rd quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock valued at $34,000 after acquiring an additional 269 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $56.33 on Tuesday. The stock has a market capitalization of $44.63 billion, a P/E ratio of 23.93 and a beta of 0.56. The company’s 50-day simple moving average is $56.77 and its two-hundred day simple moving average is $57.56. JPMorgan Equity Premium Income ETF has a 52-week low of $55.15 and a 52-week high of $59.90.

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.