L2 Asset Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 160.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,476 shares of the company’s stock after purchasing an additional 13,843 shares during the quarter. L2 Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,287,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Rice Partnership LLC raised its stake in JPMorgan Equity Premium Income ETF by 124.5% during the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after acquiring an additional 249 shares in the last quarter. Providence Capital Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $26,000. FNY Investment Advisers LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $28,000. EQ Wealth Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $29,000. Finally, BTG Pactual Asset Management US LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $31,000.
JPMorgan Equity Premium Income ETF Price Performance
Shares of JPMorgan Equity Premium Income ETF stock opened at $56.37 on Tuesday. The business’s fifty day moving average price is $56.53 and its two-hundred day moving average price is $57.47. The company has a market capitalization of $44.66 billion, a P/E 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.
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.
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