Coppell Advisory Solutions LLC Makes New $1.94 Million Investment in JPMorgan Equity Premium Income ETF $JEPI

Coppell Advisory Solutions LLC acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 34,280 shares of the company’s stock, valued at approximately $1,936,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Walled Lake Planning & Wealth Management LLC lifted its position in JPMorgan Equity Premium Income ETF by 2.7% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock worth $369,000 after acquiring an additional 171 shares during the last quarter. 3Chopt Investment Partners LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 9.0% in the first quarter. 3Chopt Investment Partners LLC now owns 2,143 shares of the company’s stock valued at $121,000 after purchasing an additional 177 shares during the last quarter. Etesian Wealth Advisors Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 0.5% in the fourth quarter. Etesian Wealth Advisors Inc. now owns 35,397 shares of the company’s stock valued at $2,026,000 after purchasing an additional 180 shares during the last quarter. Fortis Advisors LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 1.9% during the fourth quarter. Fortis Advisors LLC now owns 10,027 shares of the company’s stock worth $574,000 after purchasing an additional 188 shares during the period. Finally, Blue Chip Partners LLC increased its stake 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 purchasing an additional 192 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.3%

NYSEARCA:JEPI opened at $57.19 on Thursday. The stock has a market cap of $45.61 billion, a P/E ratio of 23.93 and a beta of 0.53. The stock has a 50 day simple moving average of $57.17 and a 200 day simple moving average of $57.08. 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 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.