Sage Financial Group Inc. Makes New $1.11 Million Investment in JPMorgan Equity Premium Income ETF $JEPI

Sage Financial Group Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 19,669 shares of the company’s stock, valued at approximately $1,106,000.

Other large investors have also made changes to their positions in the company. Envestnet Asset Management Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 1.3% during the second quarter. Envestnet Asset Management Inc. now owns 11,312,713 shares of the company’s stock worth $638,942,000 after buying an additional 146,792 shares in the last quarter. Royal Bank of Canada boosted its position in JPMorgan Equity Premium Income ETF by 5.7% during the first quarter. Royal Bank of Canada now owns 8,366,269 shares of the company’s stock worth $474,201,000 after purchasing an additional 449,485 shares in the last quarter. Cetera Investment Advisers grew its holdings in JPMorgan Equity Premium Income ETF by 10.0% in the first quarter. Cetera Investment Advisers now owns 6,083,774 shares of the company’s stock valued at $344,828,000 after purchasing an additional 553,011 shares during the period. Cornerstone Advisory LLC grew its holdings in JPMorgan Equity Premium Income ETF by 3.5% in the first quarter. Cornerstone Advisory LLC now owns 2,030,560 shares of the company’s stock valued at $115,092,000 after purchasing an additional 68,589 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 16.9% in the first quarter. PNC Financial Services Group Inc. now owns 1,929,732 shares of the company’s stock valued at $109,377,000 after purchasing an additional 278,868 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $57.23 on Wednesday. The stock has a market capitalization of $45.88 billion, a PE ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90. The business has a 50 day simple moving average of $56.95 and a 200-day simple moving average of $57.19.

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.