Apella Capital LLC Buys 254,521 Shares of JPMorgan Equity Premium Income ETF $JEPI

Apella Capital LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 303.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 338,382 shares of the company’s stock after buying an additional 254,521 shares during the period. Apella Capital LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $19,122,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of JEPI. Brighton Jones LLC purchased a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $402,000. Russell Investments Group Ltd. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 201.9% in the 1st quarter. Russell Investments Group Ltd. now owns 1,129 shares of the company’s stock worth $64,000 after purchasing an additional 755 shares during the period. Truvestments Capital LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth approximately $58,000. Baird Financial Group Inc. grew its position in JPMorgan Equity Premium Income ETF by 4.2% during the first quarter. Baird Financial Group Inc. now owns 1,264,248 shares of the company’s stock valued at $72,239,000 after buying an additional 51,227 shares during the period. Finally, FRG Family Wealth Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 24.8% during the first quarter. FRG Family Wealth Advisors LLC now owns 119,054 shares of the company’s stock valued at $6,803,000 after buying an additional 23,667 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.1%

Shares of JEPI stock opened at $58.02 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $59.73. The stock has a market cap of $41.53 billion, a P/E ratio of 23.93 and a beta of 0.60. The company has a 50 day simple moving average of $57.18 and a two-hundred day simple moving average of $56.87.

About JPMorgan Equity Premium Income ETF

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.