Southern Capital Services Inc. ADV Buys New Holdings in JPMorgan Equity Premium Income ETF $JEPI

by · The Markets Daily

Southern Capital Services Inc. ADV purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 97,407 shares of the company’s stock, valued at approximately $5,576,000. JPMorgan Equity Premium Income ETF comprises 3.5% of Southern Capital Services Inc. ADV’s holdings, making the stock its 13th largest position.

Several other large investors have also modified their holdings of JEPI. Equitable Holdings Inc. grew its stake in JPMorgan Equity Premium Income ETF by 3,477.6% during the 4th quarter. Equitable Holdings Inc. now owns 1,853,767 shares of the company’s stock worth $106,110,000 after buying an additional 1,801,951 shares during the last quarter. Tableaux LLC raised its position in JPMorgan Equity Premium Income ETF by 1,462.3% during the 4th quarter. Tableaux LLC now owns 1,503,922 shares of the company’s stock worth $86,084,000 after buying an additional 1,407,660 shares during the last quarter. Raymond James Financial Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 11.4% during the fourth quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after purchasing an additional 825,889 shares in the last quarter. Tcfg Wealth Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 3,843.5% during the 3rd quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock worth $47,498,000 after buying an additional 810,739 shares in the last quarter. Finally, RiverFront Investment Group LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 24.0% in the 4th quarter. RiverFront Investment Group LLC now owns 3,804,642 shares of the company’s stock valued at $217,778,000 after buying an additional 737,043 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $56.10 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90. The stock has a market capitalization of $44.45 billion, a P/E ratio of 23.93 and a beta of 0.54. The business has a 50 day simple moving average of $56.48 and a 200-day simple moving average of $57.42.

JPMorgan Equity Premium Income ETF Profile

(Free Report)

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.

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