JPMorgan Equity Premium Income ETF $JEPI Stock: Soltis Investment Advisors LLC Raises Holdings

Soltis Investment Advisors LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 49.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 169,947 shares of the company’s stock after purchasing an additional 55,908 shares during the quarter. Soltis Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $9,554,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Legacy Private Trust Co. bought a new stake in JPMorgan Equity Premium Income ETF during the third quarter valued at $2,602,000. Private Client Services LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $3,694,000. Studio Investment Management LLC grew its holdings in JPMorgan Equity Premium Income ETF by 194.0% during the 2nd quarter. Studio Investment Management LLC now owns 54,050 shares of the company’s stock worth $3,053,000 after acquiring an additional 35,668 shares during the period. Community Financial Services Group LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $6,319,000. Finally, Tucker Asset Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 42.1% in the 2nd quarter. Tucker Asset Management LLC now owns 34,008 shares of the company’s stock worth $1,921,000 after acquiring an additional 10,075 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $57.93 on Friday. The company has a market capitalization of $46.49 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. The business’s 50-day moving average is $56.94 and its 200-day moving average is $57.18. 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 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.