Hamilton Capital LLC Buys New Shares in JPMorgan Equity Premium Income ETF $JEPI

Hamilton Capital LLC bought a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the third quarter, Holdings Channel reports. The fund bought 1,498,024 shares of the company’s stock, valued at approximately $84,219,000. JPMorgan Equity Premium Income ETF makes up approximately 4.7% of Hamilton Capital LLC’s investment portfolio, making the stock its 6th biggest holding.

Other institutional investors also recently modified their holdings of the company. NBH Bank bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth $27,000. Advocate Investing Services LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth $28,000. Monetary Solutions Ltd acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $30,000. Olistico Wealth LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter worth $35,000. Finally, Provenance Wealth Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at $42,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI traded up $0.22 during midday trading on Thursday, reaching $56.67. The company had a trading volume of 3,822,639 shares, compared to its average volume of 5,165,660. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90. The firm has a market cap of $45.73 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. The company has a fifty day simple moving average of $57.11 and a two-hundred day simple moving average of $56.71.

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.