SkyOak Wealth LLC Purchases 19,297 Shares of JPMorgan Equity Premium Income ETF $JEPI

SkyOak Wealth LLC lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 32.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,136 shares of the company’s stock after buying an additional 19,297 shares during the quarter. SkyOak Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,413,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Brighton Jones LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $402,000. AQR Capital Management LLC raised its holdings in JPMorgan Equity Premium Income ETF by 28.1% in the 1st quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after acquiring an additional 18,619 shares during the period. Goldman Sachs Group Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the 1st quarter worth $847,000. Schnieders Capital Management LLC. acquired a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth $3,093,000. Finally, First Trust Advisors LP bought a new stake in JPMorgan Equity Premium Income ETF during the second quarter valued at about $529,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $57.00 on Wednesday. The stock’s 50-day moving average is $57.14 and its 200-day moving average is $57.09. The company has a market cap of $45.46 billion, a P/E ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90.

JPMorgan Equity Premium Income ETF 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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.