Financial Futures Ltd Liability Co. Acquires 28,881 Shares of JPMorgan Equity Premium Income ETF $JEPI

Financial Futures Ltd Liability Co. increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.4% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 244,082 shares of the company’s stock after acquiring an additional 28,881 shares during the period. JPMorgan Equity Premium Income ETF makes up about 6.1% of Financial Futures Ltd Liability Co.’s holdings, making the stock its 5th largest holding. Financial Futures Ltd Liability Co.’s holdings in JPMorgan Equity Premium Income ETF were worth $13,835,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JEPI. Janney Montgomery Scott LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 4.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 2,800,288 shares of the company’s stock valued at $158,720,000 after purchasing an additional 107,684 shares during the last quarter. MRA Advisory Group lifted its position in JPMorgan Equity Premium Income ETF by 2.4% in the first quarter. MRA Advisory Group now owns 16,292 shares of the company’s stock valued at $923,000 after buying an additional 386 shares during the last quarter. J. L. Bainbridge & Co. Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 18.2% during the first quarter. J. L. Bainbridge & Co. Inc. now owns 5,851 shares of the company’s stock worth $332,000 after buying an additional 900 shares during the period. Advocate Investing Services LLC purchased a new position in JPMorgan Equity Premium Income ETF during the first quarter worth about $28,000. Finally, Midwest Financial Group LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 18.3% during the first quarter. Midwest Financial Group LLC now owns 5,828 shares of the company’s stock valued at $330,000 after acquiring an additional 902 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $56.16 on Friday. The company’s 50 day simple moving average is $56.31 and its 200-day simple moving average is $57.38. The company has a market capitalization of $44.50 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90.

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.