Founders Financial Securities LLC Grows Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Founders Financial Securities LLC boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 91.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,737 shares of the company’s stock after buying an additional 27,980 shares during the period. Founders Financial Securities LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,362,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Core Wealth Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $4,533,000. Texas Yale Capital Corp. boosted its holdings in JPMorgan Equity Premium Income ETF by 6.5% in the 4th quarter. Texas Yale Capital Corp. now owns 8,150 shares of the company’s stock valued at $467,000 after purchasing an additional 500 shares during the period. Sfmg LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 8.0% in the 4th quarter. Sfmg LLC now owns 295,839 shares of the company’s stock valued at $16,934,000 after purchasing an additional 21,890 shares during the period. Fortis Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 1.9% in the 4th quarter. Fortis Advisors LLC now owns 10,027 shares of the company’s stock valued at $574,000 after purchasing an additional 188 shares during the period. Finally, Edgemoor Investment Advisors Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 6.5% in the 4th quarter. Edgemoor Investment Advisors Inc. now owns 161,448 shares of the company’s stock valued at $9,241,000 after purchasing an additional 9,812 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $56.04 on Friday. The firm has a fifty day moving average price of $56.68 and a two-hundred day moving average price of $57.54. JPMorgan Equity Premium Income ETF has a one year low of $55.15 and a one year high of $59.90. The company has a market cap of $44.40 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56.

JPMorgan Equity Premium Income ETF 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.