Scott Capital Advisors LLC Increases Holdings in JPMorgan Equity Premium Income ETF $JEPI

Scott Capital Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 124.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 123,643 shares of the company’s stock after purchasing an additional 68,548 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 1.6% of Scott Capital Advisors LLC’s portfolio, making the stock its 14th biggest position. Scott Capital Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,037,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of JEPI. Mattern Wealth Management LLC lifted its position in JPMorgan Equity Premium Income ETF by 1.8% in the second quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock valued at $573,000 after acquiring an additional 178 shares during the last quarter. Highline Wealth Partners LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 13.5% in the 2nd quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock valued at $86,000 after purchasing an additional 180 shares during the last quarter. First Horizon Advisors Inc. grew its stake in JPMorgan Equity Premium Income ETF by 9.0% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,221 shares of the company’s stock worth $126,000 after buying an additional 183 shares during the last quarter. SimpliFi Inc. increased its position in JPMorgan Equity Premium Income ETF by 2.6% during the second quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock worth $418,000 after buying an additional 186 shares during the period. Finally, Blue Chip Partners LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 1.2% during the second quarter. Blue Chip Partners LLC now owns 16,355 shares of the company’s stock worth $930,000 after acquiring an additional 192 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $57.97 on Friday. The stock has a market cap of $41.49 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $59.73. The firm has a fifty day moving average price of $57.16 and a 200 day moving average price of $56.85.

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.