Horizon Advisory Services Inc. Has $27.60 Million Holdings in JPMorgan Equity Premium Income ETF $JEPI

Horizon Advisory Services Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 483,273 shares of the company’s stock after acquiring an additional 9,291 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 14.1% of Horizon Advisory Services Inc.’s investment portfolio, making the stock its 4th biggest holding. Horizon Advisory Services Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $27,595,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $402,000. Russell Investments Group Ltd. grew its stake in shares of JPMorgan Equity Premium Income ETF by 201.9% in the first quarter. Russell Investments Group Ltd. now owns 1,129 shares of the company’s stock worth $64,000 after acquiring an additional 755 shares during the last quarter. Note Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 12.0% in the 1st quarter. Note Advisors LLC now owns 26,216 shares of the company’s stock worth $1,498,000 after purchasing an additional 2,800 shares during the last quarter. Truvestments Capital LLC bought a new position in JPMorgan Equity Premium Income ETF in the 1st quarter worth about $58,000. Finally, Monterey Private Wealth Inc. grew its position in JPMorgan Equity Premium Income ETF by 28.2% during the 1st quarter. Monterey Private Wealth Inc. now owns 70,772 shares of the company’s stock valued at $4,044,000 after purchasing an additional 15,579 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $57.97 on Thursday. The firm has a market cap of $41.49 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $59.73. The firm has a 50-day simple moving average of $57.13 and a two-hundred day simple moving average of $56.84.

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.