Sax Wealth Advisors LLC lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 50.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,567 shares of the company’s stock after acquiring an additional 2,878 shares during the period. Sax Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $510,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in the company. HHM Wealth Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $28,000. Larson Financial Group LLC grew its stake in 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 worth $32,000 after buying an additional 314 shares during the last quarter. Morris Financial Concepts Inc. increased its position in JPMorgan Equity Premium Income ETF by 114.1% in the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after buying an additional 331 shares during the period. Beaird Harris Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at $38,000. Finally, Whittier Trust Co. of Nevada Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 105.2% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock worth $41,000 after acquiring an additional 367 shares during the last quarter.
JPMorgan Equity Premium Income ETF Stock Up 0.2 %
JEPI stock opened at $59.93 on Friday. The firm’s 50-day simple moving average is $58.63 and its 200 day simple moving average is $57.26. The stock has a market cap of $35.17 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $59.97.
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.
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