Wealthcare Advisory Partners LLC grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 16.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 282,659 shares of the company’s stock after purchasing an additional 38,911 shares during the period. Wealthcare Advisory Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $16,069,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Mather Group LLC. purchased a new position in JPMorgan Equity Premium Income ETF in the 1st quarter worth about $25,000. Bartlett & CO. Wealth Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $25,000. Millstone Evans Group LLC bought a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the first quarter worth approximately $29,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter worth approximately $32,000.
JPMorgan Equity Premium Income ETF Trading Up 0.3%
Shares of JEPI opened at $57.03 on Friday. The firm has a fifty day simple moving average of $56.76 and a two-hundred day simple moving average of $56.13. The firm has a market cap of $41.28 billion, a PE ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $60.88.
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.
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