JPMorgan Equity Premium Income ETF $JEPI Shares Acquired by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.5% during the first quarter, Holdings Channel reports. The fund owned 172,000 shares of the company’s stock after acquiring an additional 17,706 shares during the period. Koshinski Asset Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $9,749,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Brighton Jones LLC purchased a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $402,000. AQR Capital Management LLC increased its holdings in JPMorgan Equity Premium Income ETF by 28.1% during the 1st quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after purchasing an additional 18,619 shares during the period. Goldman Sachs Group Inc. acquired a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $847,000. Schnieders Capital Management LLC. acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $3,093,000. Finally, First Trust Advisors LP purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $529,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $56.71 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The stock has a market capitalization of $44.96 billion, a PE ratio of 23.93 and a beta of 0.54. The stock has a 50-day simple moving average of $56.20 and a 200-day simple moving average of $57.35.

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.