Chicago Partners Investment Group LLC Raises Stake in JPMorgan Equity Premium Income ETF $JEPI

Chicago Partners Investment Group LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 372,946 shares of the company’s stock after purchasing an additional 10,298 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $21,370,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of JEPI. CAP Partners LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 1.1% during the 1st quarter. CAP Partners LLC now owns 58,927 shares of the company’s stock valued at $3,340,000 after buying an additional 658 shares in the last quarter. Global Assets Advisory LLC increased its stake in JPMorgan Equity Premium Income ETF by 28.6% in the 1st quarter. Global Assets Advisory LLC now owns 169,135 shares of the company’s stock worth $9,587,000 after buying an additional 37,649 shares in the last quarter. United Bank purchased a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter worth $491,000. Financial Alternatives Inc raised its holdings in JPMorgan Equity Premium Income ETF by 3.1% during the first quarter. Financial Alternatives Inc now owns 133,183 shares of the company’s stock valued at $7,549,000 after acquiring an additional 3,951 shares during the period. Finally, Diversify Wealth Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 58.1% in the first quarter. Diversify Wealth Management LLC now owns 97,447 shares of the company’s stock valued at $5,566,000 after acquiring an additional 35,813 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.76 on Monday. The company has a market capitalization of $45.17 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. The stock’s 50-day simple moving average is $56.15 and its 200-day simple moving average is $57.32. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week 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.