JPMorgan Equity Premium Income ETF $JEPI is Floyd Financial Group LLC’s 3rd Largest Position

Floyd Financial Group LLC lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 24.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 158,223 shares of the company’s stock after purchasing an additional 31,567 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 6.7% of Floyd Financial Group LLC’s portfolio, making the stock its 3rd largest holding. Floyd Financial Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,948,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $25,000. GHP Investment Advisors Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter worth approximately $25,000. Clarity Asset Management Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $25,000. Pin Oak Investment Advisors Inc. raised its stake in JPMorgan Equity Premium Income ETF by 73.6% in the second quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock valued at $28,000 after purchasing an additional 212 shares in the last quarter. Finally, Asset Dedication LLC bought a new stake in JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $28,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $58.41 on Tuesday. The company’s fifty day moving average price is $57.50 and its 200-day moving average price is $57.06. The firm has a market capitalization of $42.68 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $59.73.

JPMorgan Equity Premium Income ETF 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.