JPMorgan Equity Premium Income ETF $JEPI Shares Purchased by JSF Financial LLC

JSF Financial LLC grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 54.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,183 shares of the company’s stock after acquiring an additional 23,923 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 0.8% of JSF Financial LLC’s portfolio, making the stock its 21st largest position. JSF Financial LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,865,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of JEPI. Brighton Jones LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $402,000. AQR Capital Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 28.1% in the 1st quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock valued at $4,845,000 after purchasing an additional 18,619 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth $847,000. Schnieders Capital Management LLC. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $3,093,000. Finally, First Trust Advisors LP purchased a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at $529,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $56.39 on Tuesday. The business has a 50-day moving average of $56.17 and a two-hundred day moving average of $57.26. The company has a market capitalization of $44.99 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90.

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.