Tenzing Financial LLC Purchases 19,978 Shares of JPMorgan Equity Premium Income ETF $JEPI

Tenzing Financial LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 333,207 shares of the company’s stock after buying an additional 19,978 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 13.2% of Tenzing Financial LLC’s holdings, making the stock its biggest position. Tenzing Financial LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $19,013,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. S&A Financial Services Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 13.4% in the 3rd quarter. S&A Financial Services Inc. now owns 107,414 shares of the company’s stock valued at $6,039,000 after acquiring an additional 12,701 shares during the last quarter. Asset Dedication LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $199,000. Kingstone Capital Partners Texas LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 7.6% during the 3rd quarter. Kingstone Capital Partners Texas LLC now owns 91,704 shares of the company’s stock worth $5,156,000 after purchasing an additional 6,505 shares during the last quarter. Ashton Thomas Private Wealth LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 4.2% in the third quarter. Ashton Thomas Private Wealth LLC now owns 42,982 shares of the company’s stock valued at $2,416,000 after purchasing an additional 1,731 shares in the last quarter. Finally, Steele Capital Management Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $17,296,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI traded up $0.04 during midday trading on Friday, hitting $56.43. The company had a trading volume of 14,279,017 shares, compared to its average volume of 5,150,142. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The stock has a market cap of $45.32 billion, a price-to-earnings ratio of 23.93 and a beta of 0.52. The business’s 50-day simple moving average is $56.85 and its 200-day simple moving average is $57.15.

About JPMorgan Equity Premium Income ETF

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.