Sprinkle Financial Consultants LLC Purchases New Shares in JPMorgan Equity Premium Income ETF $JEPI

Sprinkle Financial Consultants LLC acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the third quarter, HoldingsChannel.com reports. The fund acquired 13,761 shares of the company’s stock, valued at approximately $774,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Castle Rock Wealth Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 9.3% in the 3rd quarter. Castle Rock Wealth Management LLC now owns 9,173 shares of the company’s stock worth $519,000 after acquiring an additional 781 shares in the last quarter. BOS Asset Management LLC grew its stake in JPMorgan Equity Premium Income ETF by 7.0% during the third quarter. BOS Asset Management LLC now owns 5,787 shares of the company’s stock worth $325,000 after purchasing an additional 379 shares during the period. Chapin Davis Inc. bought a new stake in JPMorgan Equity Premium Income ETF in the third quarter worth approximately $3,488,000. Eclectic Associates Inc. ADV acquired a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $446,000. Finally, Prota Financial LLC lifted its stake in JPMorgan Equity Premium Income ETF by 25.5% in the third quarter. Prota Financial LLC now owns 6,260 shares of the company’s stock valued at $350,000 after buying an additional 1,271 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock traded up $0.10 on Friday, reaching $56.77. 3,388,368 shares of the company’s stock were exchanged, compared to its average volume of 5,156,299. The company has a market capitalization of $45.81 billion, a P/E ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The firm’s 50-day moving average is $57.09 and its two-hundred day moving average is $56.72.

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.