JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by Sandbox Financial Partners LLC

Sandbox Financial Partners LLC boosted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 173,037 shares of the company’s stock after purchasing an additional 5,941 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 4.2% of Sandbox Financial Partners LLC’s investment portfolio, making the stock its 6th biggest position. Sandbox Financial Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,012,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Asset Allocation Strategies LLC boosted its position in JPMorgan Equity Premium Income ETF by 3.6% during the fourth quarter. Asset Allocation Strategies LLC now owns 7,245 shares of the company’s stock valued at $398,000 after acquiring an additional 253 shares during the last quarter. Mosley Wealth Management bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $578,000. Optimum Investment Advisors boosted its position in JPMorgan Equity Premium Income ETF by 331.3% during the first quarter. Optimum Investment Advisors now owns 1,294 shares of the company’s stock valued at $75,000 after acquiring an additional 994 shares during the last quarter. Global Trust Asset Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 146.8% during the 1st quarter. Global Trust Asset Management LLC now owns 1,513 shares of the company’s stock worth $88,000 after purchasing an additional 900 shares in the last quarter. Finally, Sapient Capital LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $285,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock traded up $0.02 on Thursday, reaching $56.74. 1,021,082 shares of the company were exchanged, compared to its average volume of 3,284,769. The company has a market cap of $33.30 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The company has a 50-day moving average of $56.54 and a 200-day moving average of $56.29. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year 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.