Crescent Grove Advisors LLC Grows Position in JPMorgan Equity Premium Income ETF $JEPI

Crescent Grove Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 346.2% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 66,029 shares of the company’s stock after acquiring an additional 51,231 shares during the period. Crescent Grove Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,743,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Equitable Holdings Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 3,477.6% during the 4th quarter. Equitable Holdings Inc. now owns 1,853,767 shares of the company’s stock valued at $106,110,000 after purchasing an additional 1,801,951 shares during the last quarter. Tableaux LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 1,462.3% in the fourth quarter. Tableaux LLC now owns 1,503,922 shares of the company’s stock worth $86,084,000 after purchasing an additional 1,407,660 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 11.4% in the fourth quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after purchasing an additional 825,889 shares during the last quarter. SHP Wealth Management bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth about $42,882,000. Finally, RiverFront Investment Group LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 24.0% in the fourth quarter. RiverFront Investment Group LLC now owns 3,804,642 shares of the company’s stock worth $217,778,000 after buying an additional 737,043 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.8%

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.55 on Friday. The stock has a 50 day moving average of $56.16 and a 200 day moving average of $57.28. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90. The firm has a market cap of $45.07 billion, a PE ratio of 23.93 and a beta of 0.54.

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.