JPMorgan Equity Premium Income ETF $JEPI Stock Position Lifted by KFG Wealth Management LLC

KFG Wealth Management LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 121,768 shares of the company’s stock after purchasing an additional 14,525 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 0.8% of KFG Wealth Management LLC’s investment portfolio, making the stock its 24th largest holding. KFG Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,877,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of JEPI. Rice Partnership LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 124.5% in the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after purchasing an additional 249 shares during the period. Providence Capital Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $26,000. Advocate Investing Services LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 1st quarter valued at about $28,000. Monetary Solutions Ltd bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $30,000. Finally, BTG Pactual Asset Management US LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $31,000.

JPMorgan Equity Premium Income ETF Trading Up 0.3%

Shares of NYSEARCA:JEPI opened at $57.19 on Thursday. The company has a 50 day moving average of $57.17 and a 200-day moving average of $57.08. The firm has a market cap of $45.61 billion, a P/E ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month 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.