Saxony Capital Management LLC Grows Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Saxony Capital Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 22.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 86,819 shares of the company’s stock after purchasing an additional 15,780 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 3.0% of Saxony Capital Management LLC’s holdings, making the stock its 6th biggest position. Saxony Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,970,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Bank of America Corp DE raised its holdings in JPMorgan Equity Premium Income ETF by 2.1% during the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after buying an additional 690,960 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 5.5% in the third quarter. Envestnet Asset Management Inc. now owns 9,432,964 shares of the company’s stock valued at $538,622,000 after buying an additional 493,639 shares during the period. Raymond James Financial Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 2.8% during the third quarter. Raymond James Financial Inc. now owns 7,273,381 shares of the company’s stock worth $415,310,000 after acquiring an additional 201,202 shares in the last quarter. Nationwide Fund Advisors raised its holdings in shares of JPMorgan Equity Premium Income ETF by 0.8% during the third quarter. Nationwide Fund Advisors now owns 7,038,718 shares of the company’s stock worth $401,911,000 after acquiring an additional 55,467 shares during the period. Finally, Osaic Holdings Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 1.4% during the second quarter. Osaic Holdings Inc. now owns 6,248,359 shares of the company’s stock worth $355,327,000 after acquiring an additional 85,326 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.2%

JEPI opened at $55.65 on Tuesday. The stock has a market capitalization of $41.01 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $59.90. The firm’s fifty day simple moving average is $58.26 and its 200 day simple moving average is $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.