GFS Advisors LLC Makes New $2.68 Million Investment in JPMorgan Equity Premium Income ETF $JEPI

GFS Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 46,860 shares of the company’s stock, valued at approximately $2,682,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Effects LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 0.6% during the 4th quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock valued at $1,809,000 after buying an additional 173 shares during the period. WESPAC Advisors SoCal LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 4.3% during the 4th quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock valued at $239,000 after buying an additional 174 shares during the period. Aspen Wealth Strategies LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 4.5% during the 4th quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock valued at $231,000 after buying an additional 174 shares during the period. Morey & Quinn Wealth Partners LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 4.9% during the 4th quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock valued at $213,000 after buying an additional 175 shares during the period. Finally, Hurley Capital LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% during the 3rd quarter. Hurley Capital LLC now owns 9,098 shares of the company’s stock valued at $519,000 after buying an additional 177 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.8%

Shares of NYSEARCA JEPI opened at $55.80 on Wednesday. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90. The firm has a fifty day moving average of $56.56 and a 200-day moving average of $57.49. The stock has a market capitalization of $44.21 billion, a PE ratio of 23.93 and a beta of 0.54.

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.