EP Wealth Advisors LLC Boosts Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

EP Wealth Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 264.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 76,862 shares of the company’s stock after buying an additional 55,748 shares during the period. EP Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,357,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in JEPI. HHM Wealth Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth $28,000. Larson Financial Group LLC lifted 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 buying an additional 314 shares in the last quarter. Burkett Financial Services LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at approximately $35,000. Morris Financial Concepts Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 114.1% in the 1st quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after acquiring an additional 331 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC purchased a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $38,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $59.49 on Tuesday. The company has a 50 day simple moving average of $57.81 and a two-hundred day simple moving average of $57.08. The firm has a market cap of $34.91 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $59.58.

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.