Apella Capital LLC Buys 9,499 Shares of JPMorgan Equity Premium Income ETF $JEPI

Apella Capital LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 347,881 shares of the company’s stock after purchasing an additional 9,499 shares during the quarter. Apella Capital LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $19,913,000 at the end of the most recent reporting period.

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

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $56.70 on Tuesday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $59.90. The stock has a market cap of $43.96 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. The firm’s 50-day simple moving average is $58.09 and its 200 day simple moving average is $57.57.

JPMorgan Equity Premium Income ETF 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.