Cypress Wealth Services LLC Invests $702,000 in JPMorgan Equity Premium Income ETF $JEPI

Cypress Wealth Services LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 12,267 shares of the company’s stock, valued at approximately $702,000.

Other hedge funds have also bought and sold shares of the company. Bell Bank raised its stake in JPMorgan Equity Premium Income ETF by 9.9% during the fourth quarter. Bell Bank now owns 42,447 shares of the company’s stock valued at $2,430,000 after buying an additional 3,835 shares in the last quarter. Wealthcare Capital Partners LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 8.8% in the 4th quarter. Wealthcare Capital Partners LLC now owns 44,448 shares of the company’s stock worth $2,544,000 after acquiring an additional 3,608 shares in the last quarter. Wealthcare Advisory Partners LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 3.0% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 283,836 shares of the company’s stock worth $16,247,000 after acquiring an additional 8,161 shares in the last quarter. Wincap Financial LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 3.1% in the 4th quarter. Wincap Financial LLC now owns 88,176 shares of the company’s stock valued at $5,047,000 after acquiring an additional 2,646 shares during the last quarter. Finally, Pallas Capital Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 3.9% in the 4th quarter. Pallas Capital Advisors LLC now owns 50,762 shares of the company’s stock valued at $2,906,000 after acquiring an additional 1,927 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $55.55 on Monday. The stock’s 50 day simple moving average is $58.31 and its 200 day simple moving average is $57.59. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $59.90. The firm has a market cap of $40.94 billion, a P/E 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.