JPMorgan Equity Premium Income ETF $JEPI Shares Bought by Apella Capital LLC

Apella Capital LLC grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 382,573 shares of the company’s stock after acquiring an additional 34,692 shares during the period. Apella Capital LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $22,109,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in JEPI. Rice Partnership LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 124.5% in the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after purchasing an additional 249 shares during the period. Providence Capital Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $26,000. FNY Investment Advisers LLC acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $28,000. EQ Wealth Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $29,000. Finally, Monetary Solutions Ltd acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $30,000.

JPMorgan Equity Premium Income ETF Trading Up 0.4%

JEPI stock opened at $56.06 on Thursday. The firm has a 50 day moving average of $56.37 and a 200-day moving average of $57.40. The company has a market cap of $44.42 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 12-month low of $55.10 and a 12-month high of $59.90.

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.