Teamwork Financial Advisors LLC Buys 39,204 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Teamwork Financial Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 627,187 shares of the company’s stock after acquiring an additional 39,204 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 4.7% of Teamwork Financial Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Teamwork Financial Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $36,082,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in JPMorgan Equity Premium Income ETF by 18.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after buying an additional 3,536,406 shares during the last quarter. Eaton Financial Holdings Company LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $51,202,000. World Investment Advisors LLC boosted its stake in JPMorgan Equity Premium Income ETF by 748.5% in the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock worth $47,971,000 after buying an additional 711,094 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $31,505,000. Finally, Marks Wealth LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $29,284,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $58.87 on Thursday. The firm has a market capitalization of $34.55 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The business’s 50-day simple moving average is $58.94 and its 200-day simple moving average is $58.47.

JPMorgan Equity Premium Income ETF 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.