JPMorgan Equity Premium Income ETF $JEPI is MBA Advisors LLC’s 9th Largest Position

MBA Advisors LLC increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 12.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 188,376 shares of the company’s stock after buying an additional 20,847 shares during the period. JPMorgan Equity Premium Income ETF comprises 3.5% of MBA Advisors LLC’s portfolio, making the stock its 9th largest holding. MBA Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,639,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Atticus Wealth Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.6% during the 2nd quarter. Atticus Wealth Management LLC now owns 12,654 shares of the company’s stock worth $715,000 after acquiring an additional 318 shares during the period. SkyOak Wealth LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 32.8% during the 2nd quarter. SkyOak Wealth LLC now owns 78,136 shares of the company’s stock valued at $4,413,000 after acquiring an additional 19,297 shares in the last quarter. Beacon Financial Advisory LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% during the second quarter. Beacon Financial Advisory LLC now owns 360,022 shares of the company’s stock worth $20,334,000 after purchasing an additional 7,068 shares in the last quarter. Requisite Capital Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 73.8% in the second quarter. Requisite Capital Management LLC now owns 509,299 shares of the company’s stock worth $28,765,000 after buying an additional 216,286 shares during the period. Finally, Midwest Professional Planners LTD. boosted its position in shares of JPMorgan Equity Premium Income ETF by 12.6% in the second quarter. Midwest Professional Planners LTD. now owns 35,967 shares of the company’s stock worth $2,031,000 after buying an additional 4,028 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $57.19 on Thursday. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The stock has a 50-day simple moving average of $57.17 and a 200-day simple moving average of $57.08. The firm has a market cap of $45.61 billion, a P/E ratio of 23.93 and a beta of 0.53.

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.