MGO One Seven LLC Grows Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

MGO One Seven LLC raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 324,090 shares of the company’s stock after buying an additional 15,007 shares during the period. JPMorgan Equity Premium Income ETF comprises about 0.6% of MGO One Seven LLC’s holdings, making the stock its 23rd largest holding. MGO One Seven LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $18,424,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of JEPI. Cypress Capital Group acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at $307,000. Retirement Planning Group LLC NY raised its stake in shares of JPMorgan Equity Premium Income ETF by 18.5% in the second quarter. Retirement Planning Group LLC NY now owns 172,465 shares of the company’s stock valued at $9,805,000 after acquiring an additional 26,876 shares in the last quarter. Alpha Financial Partners LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 29.9% in the second quarter. Alpha Financial Partners LLC now owns 20,273 shares of the company’s stock valued at $1,153,000 after acquiring an additional 4,663 shares in the last quarter. LRI Investments LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 7.3% in the second quarter. LRI Investments LLC now owns 23,077 shares of the company’s stock valued at $1,312,000 after acquiring an additional 1,570 shares in the last quarter. Finally, CWM LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 1.1% in the second quarter. CWM LLC now owns 1,960,370 shares of the company’s stock valued at $111,447,000 after acquiring an additional 20,626 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 1.3%

Shares of NYSEARCA JEPI opened at $56.00 on Monday. The stock has a market cap of $40.52 billion, a P/E ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $60.88. The business’s fifty day simple moving average is $56.77 and its 200-day simple moving average is $56.10.

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.