Ascentis Independent Advisors Increases Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Ascentis Independent Advisors increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1,005.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 46,188 shares of the company’s stock after buying an additional 42,011 shares during the period. Ascentis Independent Advisors’ holdings in JPMorgan Equity Premium Income ETF were worth $2,618,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of JEPI. LVZ Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 5.5% during the 1st quarter. LVZ Inc. now owns 10,451 shares of the company’s stock valued at $592,000 after purchasing an additional 541 shares during the period. NBT Bank N A NY increased its position in shares of JPMorgan Equity Premium Income ETF by 90.0% during the first quarter. NBT Bank N A NY now owns 19,535 shares of the company’s stock valued at $1,107,000 after buying an additional 9,255 shares during the period. Private Wealth Partners LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 12.1% during the first quarter. Private Wealth Partners LLC now owns 21,638 shares of the company’s stock valued at $1,226,000 after buying an additional 2,333 shares during the period. Koshinski Asset Management Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 11.5% in the first quarter. Koshinski Asset Management Inc. now owns 172,000 shares of the company’s stock valued at $9,749,000 after acquiring an additional 17,706 shares during the period. Finally, Hunter Associates Investment Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 24.5% in the first quarter. Hunter Associates Investment Management LLC now owns 157,419 shares of the company’s stock valued at $8,914,000 after acquiring an additional 30,970 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $56.71 on Monday. The company has a 50 day moving average of $56.20 and a 200 day moving average of $57.34. The stock has a market cap of $44.96 billion, a P/E 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 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.