JPMorgan Equity Premium Income ETF $JEPI Shares Newly Purchased by StoneX Group Inc.

StoneX Group Inc. acquired a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 28,465 shares of the company’s stock, valued at approximately $1,602,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. NBH Bank purchased a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $27,000. Financial Management Professionals Inc. purchased a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $30,000. Olistico Wealth LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $35,000. William Mack & Associates Inc. purchased a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $37,000. Finally, Dynamic Wealth Strategies LLC bought a new stake in JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $51,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $57.59 on Tuesday. The company has a market capitalization of $46.19 billion, a P/E ratio of 23.93 and a beta of 0.52. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90. The stock has a 50 day moving average price of $56.85 and a two-hundred day moving average price of $57.15.

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.