Grandview Asset Management LLC Raises Position in JPMorgan Equity Premium Income ETF $JEPI

Grandview Asset Management LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 14,976 shares of the company’s stock after buying an additional 1,181 shares during the period. Grandview Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $851,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 387,324.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after acquiring an additional 401,771,477 shares during the period. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Equity Premium Income ETF by 35.9% in the first quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock worth $1,609,887,000 after acquiring an additional 7,443,750 shares during the period. Royal Bank of Canada grew its stake in shares of JPMorgan Equity Premium Income ETF by 10.5% in the first quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock worth $463,927,000 after acquiring an additional 772,858 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 11.3% in the first quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock worth $434,911,000 after acquiring an additional 774,664 shares during the period. Finally, GAMMA Investing LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 6,084.5% in the first quarter. GAMMA Investing LLC now owns 7,460,484 shares of the company’s stock worth $426,292,000 after acquiring an additional 7,339,853 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.5%

Shares of JEPI stock opened at $56.94 on Friday. The company has a 50 day moving average price of $56.78 and a 200-day moving average price of $56.14. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $60.88. The firm has a market capitalization of $41.09 billion, a PE ratio of 23.93 and a beta of 0.62.

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.