JPMorgan Equity Premium Income ETF $JEPI Shares Newly Purchased by Verity Asset Management Inc.

Verity Asset Management Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 19,490 shares of the company’s stock, valued at approximately $1,096,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Focused Wealth Management Inc boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 5.1% during the third quarter. Focused Wealth Management Inc now owns 104,026 shares of the company’s stock worth $5,848,000 after acquiring an additional 5,092 shares during the period. Rakuten Investment Management Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 29.5% during the third quarter. Rakuten Investment Management Inc. now owns 325,834 shares of the company’s stock worth $18,406,000 after purchasing an additional 74,300 shares during the period. MFG Investments LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter worth approximately $366,000. Provenance Wealth Advisors LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 168.3% during the third quarter. Provenance Wealth Advisors LLC now owns 30,606 shares of the company’s stock worth $1,721,000 after purchasing an additional 19,200 shares during the period. Finally, Integras Partners LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 2.8% during the 3rd quarter. Integras Partners LLC now owns 48,553 shares of the company’s stock worth $2,730,000 after purchasing an additional 1,342 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $58.29 on Thursday. The business has a fifty day simple moving average of $56.92 and a 200 day simple moving average of $57.17. The company has a market capitalization of $46.76 billion, a PE ratio of 23.93 and a beta of 0.52. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90.

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.