Columbus Macro LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 9.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 279,378 shares of the company’s stock after acquiring an additional 25,077 shares during the period. JPMorgan Equity Premium Income ETF accounts for 1.8% of Columbus Macro LLC’s portfolio, making the stock its 4th largest position. Columbus Macro LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $15,992,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hamilton Capital LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $72,373,000. Tcfg Wealth Management LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 3,843.5% during the 3rd quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock worth $47,498,000 after buying an additional 810,739 shares during the period. Bank of America Corp DE grew its position in shares of JPMorgan Equity Premium Income ETF by 2.1% during the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after buying an additional 690,960 shares during the period. Raymond James Financial Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 9.9% during the second quarter. Raymond James Financial Inc. now owns 7,072,179 shares of the company’s stock worth $402,053,000 after buying an additional 636,586 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in JPMorgan Equity Premium Income ETF by 40.2% in the third quarter. Jones Financial Companies Lllp now owns 2,027,327 shares of the company’s stock valued at $115,436,000 after buying an additional 581,218 shares during the period.
JPMorgan Equity Premium Income ETF Price Performance
Shares of NYSEARCA JEPI opened at $55.55 on Monday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $59.90. The firm has a market capitalization of $40.94 billion, a P/E ratio of 23.93 and a beta of 0.60. The company’s 50 day simple moving average is $58.31 and its 200 day simple moving average is $57.59.
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.
Further Reading
Receive News & Ratings for JPMorgan Equity Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Equity Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
