Gries Financial LLC Grows Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Gries Financial LLC increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 49.9% during the 4th quarter, Holdings Channel reports. The firm owned 76,860 shares of the company’s stock after purchasing an additional 25,590 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 0.8% of Gries Financial LLC’s holdings, making the stock its 23rd largest holding. Gries Financial LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,422,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in JEPI. Heritage Wealth Management Inc. bought a new stake in JPMorgan Equity Premium Income ETF in the second quarter worth about $978,000. Citigroup Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 51.8% in the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after purchasing an additional 50,459 shares during the period. Summit Wealth Partners LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock valued at $4,360,000 after purchasing an additional 957 shares during the period. Truist Financial Corp raised its position in shares of JPMorgan Equity Premium Income ETF by 2.0% in the second quarter. Truist Financial Corp now owns 821,676 shares of the company’s stock valued at $46,573,000 after purchasing an additional 15,763 shares during the period. Finally, Newbridge Financial Services Group Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 106.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 57,886 shares of the company’s stock valued at $3,281,000 after purchasing an additional 29,879 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.1 %

JPMorgan Equity Premium Income ETF stock opened at $58.94 on Thursday. The firm’s 50 day simple moving average is $58.90 and its 200 day simple moving average is $58.57. The firm has a market capitalization of $34.59 billion, a PE 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.

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.