IMC Chicago LLC Purchases New Stake in JPMorgan Equity Premium Income ETF $JEPI

IMC Chicago LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 97,354 shares of the company’s stock, valued at approximately $5,518,000.

A number of other large investors have also recently bought and sold shares of the company. Crewe Advisors LLC boosted its stake in JPMorgan Equity Premium Income ETF by 32.9% in the fourth quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock valued at $2,198,000 after buying an additional 9,514 shares in the last quarter. Capital Investment Advisory Services LLC raised its stake in JPMorgan Equity Premium Income ETF by 32.7% during the fourth quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock worth $12,920,000 after acquiring an additional 55,610 shares in the last quarter. Cyndeo Wealth Partners LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 90.4% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock worth $1,542,000 after acquiring an additional 12,790 shares during the last quarter. Apella Capital LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.8% in the fourth quarter. Apella Capital LLC now owns 347,881 shares of the company’s stock worth $19,913,000 after acquiring an additional 9,499 shares during the last quarter. Finally, Leo Wealth LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $757,000.

JPMorgan Equity Premium Income ETF Trading Up 0.1%

JEPI opened at $56.62 on Thursday. The company has a market cap of $45.07 billion, a P/E ratio of 23.93 and a beta of 0.54. The company’s 50 day moving average is $56.13 and its 200-day moving average is $57.29. 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.