AlTi Global Inc. Raises Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

AlTi Global Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 64.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,246 shares of the company’s stock after acquiring an additional 4,000 shares during the period. AlTi Global Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $596,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Potentia Wealth bought a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $447,000. Florida Financial Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 54.3% in the 4th quarter. Florida Financial Advisors LLC now owns 7,014 shares of the company’s stock worth $404,000 after purchasing an additional 2,468 shares during the last quarter. US Bancorp DE boosted its stake in JPMorgan Equity Premium Income ETF by 28.0% in the 4th quarter. US Bancorp DE now owns 28,673 shares of the company’s stock worth $1,650,000 after purchasing an additional 6,273 shares in the last quarter. Clarity Wealth Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 0.7% during the 4th quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock valued at $3,204,000 after purchasing an additional 401 shares during the last quarter. Finally, Tandem Financial LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $757,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $55.66 on Friday. The firm’s 50 day moving average price is $55.86 and its 200-day moving average price is $57.97. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88. The company has a market cap of $38.53 billion, a PE ratio of 23.72 and a beta of 0.61.

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.