CoreCap Advisors LLC Boosts Holdings in JPMorgan Equity Premium Income ETF $JEPI

CoreCap Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 103.0% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 39,912 shares of the company’s stock after buying an additional 20,249 shares during the period. CoreCap Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,279,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of JEPI. Brighton Jones LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $402,000. AQR Capital Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 28.1% during the first quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after buying an additional 18,619 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in JPMorgan Equity Premium Income ETF during the first quarter worth $847,000. Semmax Financial Advisors Inc. grew its position in JPMorgan Equity Premium Income ETF by 2,202.4% during the first quarter. Semmax Financial Advisors Inc. now owns 1,911 shares of the company’s stock valued at $106,000 after buying an additional 1,828 shares during the period. Finally, Security National Bank of Sioux City Iowa IA purchased a new position in JPMorgan Equity Premium Income ETF in the first quarter valued at $563,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.76 on Thursday. The firm has a 50-day simple moving average of $57.22 and a two-hundred day simple moving average of $56.96. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $59.73. The company has a market cap of $41.98 billion, a P/E ratio of 23.93 and a beta of 0.60.

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.