97,407 Shares in JPMorgan Equity Premium Income ETF $JEPI Acquired by Southern Capital Services Inc. ADV

Southern Capital Services Inc. ADV purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, Holdings Channel reports. The firm purchased 97,407 shares of the company’s stock, valued at approximately $5,576,000. JPMorgan Equity Premium Income ETF makes up 3.5% of Southern Capital Services Inc. ADV’s portfolio, making the stock its 13th largest position.

Several other institutional investors also recently made changes to their positions in the stock. Rice Partnership LLC increased its position in JPMorgan Equity Premium Income ETF by 124.5% during the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after purchasing an additional 249 shares in the last quarter. Providence Capital Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth $26,000. FNY Investment Advisers LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $28,000. EQ Wealth Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $29,000. Finally, Monetary Solutions Ltd bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $30,000.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $56.10 on Friday. The company has a market cap of $44.45 billion, a P/E ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The firm’s 50-day moving average is $56.48 and its 200-day moving average is $57.42.

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.