Crewe Advisors LLC Boosts Stake in JPMorgan Equity Premium Income ETF $JEPI

Crewe Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 32.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 38,406 shares of the company’s stock after acquiring an additional 9,514 shares during the period. Crewe Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,198,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in JEPI. Clarity Asset Management Inc. bought a new position in JPMorgan Equity Premium Income ETF in the second quarter worth $25,000. Asset Dedication LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $28,000. FNY Investment Advisers LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $28,000. BTG Pactual Asset Management US LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $31,000. Finally, Logan Capital Management Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $33,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $56.45 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $59.90. The stock has a market cap of $41.60 billion, a P/E ratio of 23.93 and a beta of 0.60. The firm has a 50-day moving average of $58.16 and a 200 day moving average of $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.