RFG Advisory LLC Has $4.13 Million Stake in JPMorgan Equity Premium Income ETF $JEPI

RFG Advisory LLC lowered its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 15.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 72,130 shares of the company’s stock after selling 12,761 shares during the period. RFG Advisory LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,129,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. FNY Investment Advisers LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at about $28,000. EQ Wealth Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $29,000. BTG Pactual Asset Management US LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $31,000. Logan Capital Management Inc. bought a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $33,000. Finally, VSM Wealth Advisory LLC increased its position in JPMorgan Equity Premium Income ETF by 84.1% in the 3rd quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock valued at $34,000 after acquiring an additional 269 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $56.48 on Thursday. The company has a fifty day moving average price of $57.47 and a 200-day moving average price of $57.65. The company has a market capitalization of $44.75 billion, a P/E ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 52-week low of $55.15 and a 52-week high of $59.90.

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.