MBA Advisors LLC Grows Holdings in JPMorgan Equity Premium Income ETF $JEPI

MBA Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 149,423 shares of the company’s stock after acquiring an additional 12,390 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 3.4% of MBA Advisors LLC’s holdings, making the stock its 9th biggest position. MBA Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,553,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in JEPI. Clarity Asset Management Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $25,000. Asset Dedication LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the second quarter worth approximately $28,000. FNY Investment Advisers LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $28,000. BTG Pactual Asset Management US LLC bought a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $31,000. Finally, Logan Capital Management Inc. bought a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $33,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $56.45 on Monday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $59.90. The business’s fifty day moving average is $58.13 and its 200-day moving average is $57.57. The stock has a market cap of $43.76 billion, a PE 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.