JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Bought by Wealth Alliance

Wealth Alliance boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.9% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 15,383 shares of the company’s stock after purchasing an additional 435 shares during the period. Wealth Alliance’s holdings in JPMorgan Equity Premium Income ETF were worth $872,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. HHM Wealth Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $28,000. Larson Financial Group LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 129.8% during the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after acquiring an additional 314 shares during the period. Burkett Financial Services LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at about $35,000. Morris Financial Concepts Inc. grew its position 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 acquiring an additional 331 shares during the period. Finally, Beaird Harris Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter worth about $38,000.

JPMorgan Equity Premium Income ETF Trading Down 0.3 %

JEPI stock opened at $58.83 on Thursday. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $59.26. The stock has a market cap of $34.52 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business’s 50-day moving average is $57.40 and its 200 day moving average is $56.94.

About JPMorgan Equity Premium Income ETF

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.