Interchange Capital Partners LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 0.6% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 62,817 shares of the company’s stock after acquiring an additional 369 shares during the period. JPMorgan Equity Premium Income ETF makes up about 0.8% of Interchange Capital Partners LLC’s holdings, making the stock its 23rd largest position. Interchange Capital Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,571,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 387,324.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after buying an additional 401,771,477 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Equity Premium Income ETF by 35.9% during the first quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock valued at $1,609,887,000 after buying an additional 7,443,750 shares during the last quarter. Royal Bank of Canada boosted its position in shares of JPMorgan Equity Premium Income ETF by 10.5% during the first quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock valued at $463,927,000 after buying an additional 772,858 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 11.3% during the first quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock valued at $434,911,000 after buying an additional 774,664 shares during the last quarter. Finally, Nationwide Fund Advisors purchased a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $396,998,000.
JPMorgan Equity Premium Income ETF Price Performance
Shares of NYSEARCA:JEPI opened at $57.46 on Friday. The stock has a market cap of $41.21 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $60.88. The business’s 50 day moving average is $56.93 and its 200 day moving average is $56.27.
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.
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