Floyd Financial Group LLC Takes $751,000 Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Floyd Financial Group LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 13,158 shares of the company’s stock, valued at approximately $751,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Salomon & Ludwin LLC acquired a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $25,000. Running Point Capital Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after purchasing an additional 362 shares during the last quarter. Brown Lisle Cummings Inc. boosted its position in JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after purchasing an additional 255 shares during the period. Pathway Financial Advisers LLC bought a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter worth $49,000. Finally, Abound Wealth Management grew its stake in JPMorgan Equity Premium Income ETF by 1,320.8% during the 4th quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock worth $63,000 after buying an additional 1,017 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $57.50 on Wednesday. JPMorgan Equity Premium Income ETF has a 1 year low of $54.72 and a 1 year high of $60.88. The stock’s fifty day moving average is $59.13 and its two-hundred day moving average is $58.39. The stock has a market capitalization of $33.74 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.