Frederick Financial Consultants LLC Buys New Holdings in JPMorgan Equity Premium Income ETF $JEPI

Frederick Financial Consultants LLC bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 25,024 shares of the company’s stock, valued at approximately $1,432,000. JPMorgan Equity Premium Income ETF makes up approximately 0.8% of Frederick Financial Consultants LLC’s investment portfolio, making the stock its 29th biggest position.

Other large investors have also modified their holdings of the company. Crewe Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 32.9% in the fourth quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock valued at $2,198,000 after purchasing an additional 9,514 shares in the last quarter. Cascade Wealth Advisors Inc raised its stake in shares of JPMorgan Equity Premium Income ETF by 5.9% in the third quarter. Cascade Wealth Advisors Inc now owns 268,627 shares of the company’s stock valued at $15,237,000 after purchasing an additional 14,899 shares in the last quarter. Clearstead Trust LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 307.8% in the third quarter. Clearstead Trust LLC now owns 79,494 shares of the company’s stock valued at $4,539,000 after purchasing an additional 59,999 shares in the last quarter. Cyndeo Wealth Partners LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 90.4% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock valued at $1,542,000 after purchasing an additional 12,790 shares in the last quarter. Finally, Capital Investment Advisory Services LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 32.7% in the fourth quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock valued at $12,920,000 after purchasing an additional 55,610 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $56.04 on Monday. The business has a fifty day simple moving average of $56.68 and a 200 day simple moving average of $57.55. JPMorgan Equity Premium Income ETF has a one year low of $55.15 and a one year high of $59.90. The firm has a market capitalization of $44.40 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56.

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.