JPMorgan Equity Premium Income ETF $JEPI Stock Bought by Sulzberger Capital Advisors Inc.
by Tristan Rich · The Markets DailySulzberger Capital Advisors Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 6.1% in the third quarter, Holdings Channel.com reports. The fund owned 155,302 shares of the company’s stock after purchasing an additional 8,996 shares during the period. JPMorgan Equity Premium Income ETF makes up about 8.7% of Sulzberger Capital Advisors Inc.’s holdings, making the stock its 2nd largest holding. Sulzberger Capital Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $8,731,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Hamilton Capital LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $84,219,000. Foguth Wealth Management LLC. increased its stake in JPMorgan Equity Premium Income ETF by 366.7% in the 1st quarter. Foguth Wealth Management LLC. now owns 919,518 shares of the company’s stock valued at $51,530,000 after purchasing an additional 722,490 shares in the last quarter. Cetera Investment Advisers raised its holdings in JPMorgan Equity Premium Income ETF by 10.0% during the first quarter. Cetera Investment Advisers now owns 6,083,774 shares of the company’s stock worth $344,828,000 after purchasing an additional 553,011 shares during the last quarter. Arkadios Wealth Advisors raised its holdings in JPMorgan Equity Premium Income ETF by 390.1% during the first quarter. Arkadios Wealth Advisors now owns 606,352 shares of the company’s stock worth $34,368,000 after purchasing an additional 482,640 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in JPMorgan Equity Premium Income ETF by 5.7% during the first quarter. Royal Bank of Canada now owns 8,366,269 shares of the company’s stock worth $474,201,000 after purchasing an additional 449,485 shares in the last quarter.
JPMorgan Equity Premium Income ETF Stock Performance
JEPI opened at $57.36 on Wednesday. The company has a market cap of $46.00 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $55.10 and a one year high of $59.90. The business’s fifty day moving average is $57.01 and its two-hundred day moving average is $56.76.
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.
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