Patriot Financial Group Insurance Agency LLC Buys 156,476 Shares of JPMorgan Equity Premium Income ETF $JEPI

Patriot Financial Group Insurance Agency LLC raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 99.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 314,120 shares of the company’s stock after acquiring an additional 156,476 shares during the period. JPMorgan Equity Premium Income ETF makes up about 1.0% of Patriot Financial Group Insurance Agency LLC’s portfolio, making the stock its 13th biggest holding. Patriot Financial Group Insurance Agency LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $17,804,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of the stock. Crewe Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 32.9% during the 4th quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock worth $2,198,000 after acquiring an additional 9,514 shares during the period. Cascade Wealth Advisors Inc increased its stake in JPMorgan Equity Premium Income ETF by 5.9% in the third quarter. Cascade Wealth Advisors Inc now owns 268,627 shares of the company’s stock valued at $15,237,000 after acquiring an additional 14,899 shares during the last quarter. Capital Investment Advisory Services LLC raised its position in JPMorgan Equity Premium Income ETF by 32.7% during the fourth quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock valued at $12,920,000 after purchasing an additional 55,610 shares in the last quarter. Cyndeo Wealth Partners LLC raised its position in JPMorgan Equity Premium Income ETF by 90.4% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock valued at $1,542,000 after purchasing an additional 12,790 shares in the last quarter. Finally, Apella Capital LLC lifted its stake in JPMorgan Equity Premium Income ETF by 2.8% during the fourth quarter. Apella Capital LLC now owns 347,881 shares of the company’s stock worth $19,913,000 after purchasing an additional 9,499 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $56.16 on Friday. 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’s fifty day moving average price is $56.31 and its two-hundred day moving average price is $57.38. The company has a market cap of $44.50 billion, a PE ratio of 23.93 and a beta of 0.54.

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.