Dakota Wealth Management Has $3.31 Million Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Dakota Wealth Management increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 242.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,799 shares of the company’s stock after acquiring an additional 40,907 shares during the period. Dakota Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $3,308,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $402,000. AQR Capital Management LLC grew its position 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 valued at $4,845,000 after purchasing an additional 18,619 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the 1st quarter valued at approximately $847,000. Schnieders Capital Management LLC. acquired a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $3,093,000. Finally, XTX Topco Ltd purchased a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $405,000.

JPMorgan Equity Premium Income ETF Stock Down 1.1%

Shares of NYSEARCA:JEPI opened at $55.55 on Friday. The firm has a fifty day moving average of $58.31 and a two-hundred day moving average of $57.58. The firm has a market capitalization of $40.94 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 $59.90.

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.