Chapin Davis Inc. Has $1.05 Million Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Chapin Davis Inc. boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,446 shares of the company’s stock after purchasing an additional 1,591 shares during the quarter. Chapin Davis Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,046,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Larson Financial Group LLC increased its holdings in JPMorgan Equity Premium Income ETF by 129.8% in the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after buying an additional 314 shares during the period. Burkett Financial Services LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at approximately $35,000. Capital Advisors Ltd. LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 79.3% during the 4th quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock valued at $36,000 after purchasing an additional 291 shares during the last quarter. Morris Financial Concepts Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 114.1% during the 1st quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after purchasing an additional 331 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at approximately $38,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock traded up $0.05 during midday trading on Friday, hitting $57.61. 1,841,077 shares of the company traded hands, compared to its average volume of 3,286,843. The stock has a market cap of $33.81 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The firm’s fifty day moving average price is $56.57 and its 200-day moving average price is $56.65. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $57.94.

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.