JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Lifestyle Asset Management Inc.’s 10th Largest Position

Lifestyle Asset Management Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 63,292 shares of the company’s stock after purchasing an additional 2,100 shares during the period. JPMorgan Equity Premium Income ETF comprises about 2.0% of Lifestyle Asset Management Inc.’s holdings, making the stock its 10th largest position. Lifestyle Asset Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,641,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Heritage Wealth Management Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth about $978,000. Citigroup Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 51.8% during the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after purchasing an additional 50,459 shares in the last quarter. Summit Wealth Partners LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 1.3% during the second quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock worth $4,360,000 after purchasing an additional 957 shares in the last quarter. Horizon Advisory Services Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 0.5% during the second quarter. Horizon Advisory Services Inc. now owns 472,229 shares of the company’s stock worth $26,766,000 after purchasing an additional 2,158 shares in the last quarter. Finally, Brown Financial Advisors acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth about $3,263,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $59.14 on Friday. The business’s 50-day simple moving average is $58.93 and its 200-day simple moving average is $58.48. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The stock has a market capitalization of $34.71 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.