Assetmark Inc. Raises Holdings in JPMorgan Equity Premium Income ETF $JEPI

Assetmark Inc. lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 22.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 119,524 shares of the company’s stock after purchasing an additional 22,079 shares during the period. Assetmark Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $6,842,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. FNY Investment Advisers LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $28,000. BTG Pactual Asset Management US LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth about $31,000. Logan Capital Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter worth about $33,000. VSM Wealth Advisory LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 84.1% in the third quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock worth $34,000 after purchasing an additional 269 shares during the last quarter. Finally, Addison Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter worth about $37,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $57.79 on Friday. The stock has a market capitalization of $45.15 billion, a PE ratio of 23.93 and a beta of 0.58. JPMorgan Equity Premium Income ETF has a 1 year low of $52.16 and a 1 year high of $59.90. The business’s 50-day moving average is $57.92 and its 200 day moving average is $57.61.

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.