RFG Advisory LLC Raises Stock Position in JPMorgan Equity Premium Income ETF $JEPI

RFG Advisory LLC increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 53.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,774 shares of the company’s stock after buying an additional 38,644 shares during the period. RFG Advisory LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,279,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of JEPI. Brighton Jones LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $402,000. AQR Capital Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 28.1% in the 1st quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after acquiring an additional 18,619 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $847,000. Schnieders Capital Management LLC. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $3,093,000. Finally, First Trust Advisors LP purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $529,000.

JPMorgan Equity Premium Income ETF Stock Up 0.4%

NYSEARCA JEPI opened at $56.06 on Thursday. The firm has a market capitalization of $44.42 billion, a PE ratio of 23.93 and a beta of 0.54. The stock’s 50 day moving average is $56.37 and its 200 day moving average is $57.40. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90.

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.