JPMorgan Equity Premium Income ETF $JEPI Shares Bought by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 147,429 shares of the company’s stock after purchasing an additional 12,991 shares during the period. JPMorgan Equity Premium Income ETF comprises about 0.6% of Koshinski Asset Management Inc.’s holdings, making the stock its 27th largest position. Koshinski Asset Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $8,381,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mather Group LLC. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth about $25,000. Bartlett & CO. Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth about $25,000. Millstone Evans Group LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth about $29,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth about $29,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth about $32,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $56.86 on Friday. The business’s 50-day simple moving average is $56.84 and its 200-day simple moving average is $56.10. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The stock has a market capitalization of $41.05 billion, a P/E ratio of 23.93 and a beta of 0.62.

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.