Capital Investment Advisory Services LLC Purchases 55,610 Shares of JPMorgan Equity Premium Income ETF $JEPI

Capital Investment Advisory Services LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 32.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 225,716 shares of the company’s stock after purchasing an additional 55,610 shares during the period. JPMorgan Equity Premium Income ETF makes up about 0.9% of Capital Investment Advisory Services LLC’s investment portfolio, making the stock its 17th biggest holding. Capital Investment Advisory Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $12,920,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of JEPI. Brighton Jones LLC bought a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $402,000. AQR Capital Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 28.1% in 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. bought a new stake in JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $847,000. Schnieders Capital Management LLC. bought a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $3,093,000. Finally, M&T Bank Corp increased its stake in JPMorgan Equity Premium Income ETF by 65.0% in the second quarter. M&T Bank Corp now owns 7,147 shares of the company’s stock valued at $406,000 after purchasing an additional 2,815 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $57.61 on Thursday. JPMorgan Equity Premium Income ETF has a 52 week low of $50.54 and a 52 week high of $59.90. The company has a market capitalization of $44.66 billion, a PE ratio of 23.93 and a beta of 0.59. The company has a 50 day moving average price of $58.03 and a two-hundred day moving average price of $57.57.

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.