32,665 Shares in JPMorgan Equity Premium Income ETF $JEPI Acquired by Perryman Financial Advisory Inc. AD

Perryman Financial Advisory Inc. AD purchased a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 32,665 shares of the company’s stock, valued at approximately $1,870,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Rice Partnership LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 124.5% in the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after acquiring an additional 249 shares during the period. Providence Capital Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $26,000. FNY Investment Advisers LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $28,000. EQ Wealth Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $29,000. Finally, BTG Pactual Asset Management US LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $31,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $56.04 on Monday. The stock has a market cap of $44.40 billion, a P/E ratio of 23.93 and a beta of 0.54. The stock’s 50 day simple moving average is $56.53 and its 200 day simple moving average is $57.47. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year 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.