Larson Financial Group LLC Has $12.85 Million Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Larson Financial Group LLC raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 224,486 shares of the company’s stock after purchasing an additional 15,110 shares during the period. Larson Financial Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $12,850,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Aviance Capital Partners LLC raised its position in JPMorgan Equity Premium Income ETF by 5.7% during the fourth quarter. Aviance Capital Partners LLC now owns 17,922 shares of the company’s stock valued at $1,026,000 after purchasing an additional 965 shares in the last quarter. Rockport Wealth LLC raised its position in JPMorgan Equity Premium Income ETF by 9.4% during the fourth quarter. Rockport Wealth LLC now owns 67,990 shares of the company’s stock valued at $3,892,000 after purchasing an additional 5,869 shares in the last quarter. Sierra Ocean LLC raised its position in JPMorgan Equity Premium Income ETF by 3.5% during the fourth quarter. Sierra Ocean LLC now owns 59,715 shares of the company’s stock valued at $3,418,000 after purchasing an additional 2,035 shares in the last quarter. VSM Wealth Advisory LLC raised its position in JPMorgan Equity Premium Income ETF by 64.3% during the fourth quarter. VSM Wealth Advisory LLC now owns 968 shares of the company’s stock valued at $55,000 after purchasing an additional 379 shares in the last quarter. Finally, Cascade Financial Partners LLC raised its position in JPMorgan Equity Premium Income ETF by 37.0% during the fourth quarter. Cascade Financial Partners LLC now owns 12,591 shares of the company’s stock valued at $721,000 after purchasing an additional 3,400 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $56.13 on Tuesday. JPMorgan Equity Premium Income ETF has a one year low of $55.15 and a one year high of $59.90. The company has a market cap of $44.47 billion, a P/E ratio of 23.93 and a beta of 0.56. The firm has a 50 day simple moving average of $56.95 and a two-hundred day simple moving average of $57.58.

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.