Aspen Investment Management Inc Takes Position in JPMorgan Equity Premium Income ETF $JEPI

Aspen Investment Management Inc acquired a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 25,707 shares of the company’s stock, valued at approximately $1,471,000.

Other hedge funds have also recently bought and sold shares of the company. Crewe Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 32.9% in the 4th quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock worth $2,198,000 after acquiring an additional 9,514 shares in the last quarter. Cascade Wealth Advisors Inc lifted its stake in JPMorgan Equity Premium Income ETF by 5.9% in the 3rd quarter. Cascade Wealth Advisors Inc now owns 268,627 shares of the company’s stock worth $15,237,000 after acquiring an additional 14,899 shares in the last quarter. Clearstead Trust LLC lifted its stake in JPMorgan Equity Premium Income ETF by 307.8% in the 3rd quarter. Clearstead Trust LLC now owns 79,494 shares of the company’s stock worth $4,539,000 after acquiring an additional 59,999 shares in the last quarter. BG Investment Services Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 49.1% in the 3rd quarter. BG Investment Services Inc. now owns 68,887 shares of the company’s stock worth $3,933,000 after acquiring an additional 22,670 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC lifted its stake in JPMorgan Equity Premium Income ETF by 90.4% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock worth $1,542,000 after acquiring an additional 12,790 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.2%

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.18 on Thursday. The stock has a 50-day moving average price of $56.86 and a 200 day moving average price of $57.56. The company has a market cap of $44.51 billion, a P/E ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 1 year low of $55.15 and a 1 year 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.