Blue Trust Inc. Purchases 16,728 Shares of JPMorgan Equity Premium Income ETF $JEPI

Blue Trust Inc. raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 89.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 35,359 shares of the company’s stock after purchasing an additional 16,728 shares during the quarter. Blue Trust Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,024,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Clarity Asset Management Inc. bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth $25,000. Asset Dedication LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter worth about $28,000. BTG Pactual Asset Management US LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $31,000. Logan Capital Management Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $33,000. Finally, VSM Wealth Advisory LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 84.1% during the 3rd quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock valued at $34,000 after acquiring an additional 269 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.1%

NYSEARCA JEPI opened at $56.45 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $59.90. The stock has a market cap of $41.60 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. The company’s 50 day moving average is $58.16 and its two-hundred day moving average is $57.56.

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.