Ascension Capital Advisors Inc. Buys 13,327 Shares of JPMorgan Equity Premium Income ETF $JEPI

Ascension Capital Advisors Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 129.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 23,583 shares of the company’s stock after acquiring an additional 13,327 shares during the period. JPMorgan Equity Premium Income ETF comprises about 0.5% of Ascension Capital Advisors Inc.’s holdings, making the stock its 23rd largest position. Ascension Capital Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,350,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. FNY Investment Advisers LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at $28,000. EQ Wealth Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at $29,000. BTG Pactual Asset Management US LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at $31,000. Logan Capital Management Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at $33,000. Finally, VSM Wealth Advisory LLC increased its holdings in JPMorgan Equity Premium Income ETF by 84.1% in the 3rd quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock worth $34,000 after buying an additional 269 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $56.04 on Friday. JPMorgan Equity Premium Income ETF has a one year low of $55.15 and a one year high of $59.90. The stock has a 50-day moving average of $56.68 and a 200 day moving average of $57.54. The company has a market capitalization of $44.40 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56.

About JPMorgan Equity Premium Income ETF

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.