Rose Capital Advisors LLC Takes $740,000 Position in JPMorgan Equity Premium Income ETF $JEPI

Rose Capital Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 13,100 shares of the company’s stock, valued at approximately $740,000.

A number of other large investors also recently bought and sold shares of JEPI. Walled Lake Planning & Wealth Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 2.7% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock valued at $369,000 after buying an additional 171 shares in the last quarter. 3Chopt Investment Partners LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 9.0% during the 1st quarter. 3Chopt Investment Partners LLC now owns 2,143 shares of the company’s stock worth $121,000 after purchasing an additional 177 shares during the last quarter. Etesian Wealth Advisors Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 0.5% during the 4th quarter. Etesian Wealth Advisors Inc. now owns 35,397 shares of the company’s stock worth $2,026,000 after purchasing an additional 180 shares during the last quarter. Fortis Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 1.9% in the 4th quarter. Fortis Advisors LLC now owns 10,027 shares of the company’s stock valued at $574,000 after buying an additional 188 shares in the last quarter. Finally, Blue Chip Partners LLC lifted its stake in JPMorgan Equity Premium Income ETF by 1.2% in the 2nd quarter. Blue Chip Partners LLC now owns 16,355 shares of the company’s stock valued at $930,000 after buying an additional 192 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.4%

JEPI stock opened at $57.22 on Friday. JPMorgan Equity Premium Income ETF has a 12-month low of $55.10 and a 12-month high of $59.90. The stock has a market cap of $45.64 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. The business’s 50-day moving average is $57.21 and its 200 day moving average is $57.07.

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.