Sandbox Financial Partners LLC Has $9.19 Million Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Sandbox Financial Partners LLC lowered its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 167,096 shares of the company’s stock after selling 198 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 4.3% of Sandbox Financial Partners LLC’s holdings, making the stock its 6th biggest position. Sandbox Financial Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $9,187,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in JEPI. Private Advisor Group LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $375,000. PNC Financial Services Group Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 1,098.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 18,552 shares of the company’s stock worth $1,140,000 after acquiring an additional 17,004 shares during the last quarter. Synovus Financial Corp purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth $714,000. Cibc World Market Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 22.3% in the 1st quarter. Cibc World Market Inc. now owns 11,405 shares of the company’s stock worth $700,000 after purchasing an additional 2,080 shares during the period. Finally, Blair William & Co. IL lifted its position in JPMorgan Equity Premium Income ETF by 10.9% during the first quarter. Blair William & Co. IL now owns 8,901 shares of the company’s stock valued at $547,000 after purchasing an additional 878 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $57.85 on Friday. The stock has a 50-day simple moving average of $56.64 and a two-hundred day simple moving average of $55.06. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $57.94. The firm has a market capitalization of $29.96 billion, a PE ratio of 21.55 and a beta of 0.62.

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.