Van Hulzen Asset Management LLC Grows Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Van Hulzen Asset Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 20.1% during the 2nd quarter, Holdings Channel.com reports. The fund owned 54,220 shares of the company’s stock after buying an additional 9,074 shares during the period. Van Hulzen Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,062,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Rice Partnership LLC boosted its position in JPMorgan Equity Premium Income ETF by 124.5% during the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after purchasing an additional 249 shares in the last quarter. Providence Capital Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at $26,000. NBH Bank acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth $27,000. Advocate Investing Services LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth about $28,000. Finally, Monetary Solutions Ltd purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth about $30,000.

JPMorgan Equity Premium Income ETF Trading Down 0.6%

Shares of NYSEARCA JEPI opened at $56.54 on Thursday. The company’s 50-day moving average price is $57.25 and its 200 day moving average price is $57.00. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The stock has a market cap of $45.10 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53.

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.