JPMorgan Equity Premium Income ETF $JEPI is Mayfair Advisory Group LLC’s 9th Largest Position

Mayfair Advisory Group LLC decreased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.9% during the first quarter, HoldingsChannel reports. The institutional investor owned 150,838 shares of the company’s stock after selling 11,165 shares during the period. JPMorgan Equity Premium Income ETF accounts for 3.0% of Mayfair Advisory Group LLC’s portfolio, making the stock its 9th largest position. Mayfair Advisory Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,550,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Equitable Holdings Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 3,477.6% during the 4th quarter. Equitable Holdings Inc. now owns 1,853,767 shares of the company’s stock valued at $106,110,000 after acquiring an additional 1,801,951 shares during the period. Tableaux LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 1,462.3% in the fourth quarter. Tableaux LLC now owns 1,503,922 shares of the company’s stock worth $86,084,000 after purchasing an additional 1,407,660 shares during the last quarter. Raymond James Financial Inc. grew its stake in JPMorgan Equity Premium Income ETF by 11.4% in the 4th quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after acquiring an additional 825,889 shares in the last quarter. Tcfg Wealth Management LLC grew its stake in JPMorgan Equity Premium Income ETF by 3,843.5% in the 3rd quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock worth $47,498,000 after acquiring an additional 810,739 shares in the last quarter. Finally, SHP Wealth Management purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $42,882,000.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $56.16 on Friday. The company has a market capitalization of $44.50 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a one year low of $55.10 and a one year high of $59.90. The company’s 50-day simple moving average is $56.31 and its two-hundred day simple moving average is $57.38.

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.