DeDora Capital Inc. Has $6.74 Million Position in JPMorgan Equity Premium Income ETF $JEPI

DeDora Capital Inc. raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 23.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 118,047 shares of the company’s stock after purchasing an additional 22,482 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for about 1.6% of DeDora Capital Inc.’s holdings, making the stock its 17th biggest holding. DeDora Capital Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $6,740,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Scott Capital Advisors LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 124.4% during the 3rd quarter. Scott Capital Advisors LLC now owns 123,643 shares of the company’s stock worth $7,037,000 after buying an additional 68,548 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in shares of JPMorgan Equity Premium Income ETF by 7.6% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 214,637 shares of the company’s stock valued at $12,256,000 after acquiring an additional 15,186 shares during the period. Cambridge Advisors Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 8.8% during the third quarter. Cambridge Advisors Inc. now owns 187,501 shares of the company’s stock worth $10,706,000 after acquiring an additional 15,195 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 20.0% in the second quarter. Geneos Wealth Management Inc. now owns 285,816 shares of the company’s stock worth $16,249,000 after purchasing an additional 47,712 shares during the period. Finally, Cooper Financial Group increased its stake in JPMorgan Equity Premium Income ETF by 3.9% in the third quarter. Cooper Financial Group now owns 423,502 shares of the company’s stock valued at $24,182,000 after purchasing an additional 15,888 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.0%

Shares of NYSEARCA JEPI opened at $58.41 on Monday. The firm has a market capitalization of $42.68 billion, a P/E ratio of 23.93 and a beta of 0.60. The firm’s 50-day moving average price is $57.47 and its 200-day moving average price is $57.05. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $59.73.

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.