Capital Advisors Inc. OK Increases Position in JPMorgan Equity Premium Income ETF $JEPI

Capital Advisors Inc. OK lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,073,871 shares of the company’s stock after acquiring an additional 29,230 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 1.0% of Capital Advisors Inc. OK’s investment portfolio, making the stock its 29th biggest holding. Capital Advisors Inc. OK owned about 0.15% of JPMorgan Equity Premium Income ETF worth $61,318,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. American National Bank & Trust raised its stake in shares of JPMorgan Equity Premium Income ETF by 277.8% in the third quarter. American National Bank & Trust now owns 6,800 shares of the company’s stock worth $388,000 after purchasing an additional 5,000 shares during the last quarter. Commonwealth Financial Services LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $753,000. BOS Asset Management LLC increased its holdings in JPMorgan Equity Premium Income ETF by 3.5% in the 3rd quarter. BOS Asset Management LLC now owns 5,213 shares of the company’s stock worth $298,000 after buying an additional 178 shares during the period. Bell Bank raised its position in JPMorgan Equity Premium Income ETF by 6.1% during the 3rd quarter. Bell Bank now owns 38,612 shares of the company’s stock worth $2,205,000 after buying an additional 2,227 shares during the last quarter. Finally, PDS Planning Inc lifted its stake in JPMorgan Equity Premium Income ETF by 8.5% during the 3rd quarter. PDS Planning Inc now owns 32,820 shares of the company’s stock valued at $1,874,000 after acquiring an additional 2,577 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $57.32 on Friday. The company has a market capitalization of $41.03 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $59.73. The firm’s fifty day simple moving average is $57.20 and its 200-day simple moving average is $56.92.

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.