JPMorgan Equity Premium Income ETF $JEPI Shares Newly Bought by Partners Wealth Management LLC

Partners Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 38,565 shares of the company’s stock, valued at approximately $2,168,000.

A number of other hedge funds also recently made changes to their positions in JEPI. Soltis Investment Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 49.0% during the 3rd quarter. Soltis Investment Advisors LLC now owns 169,947 shares of the company’s stock worth $9,554,000 after acquiring an additional 55,908 shares in the last quarter. Founders Financial Securities LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at $1,233,000. ERn Financial LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 1.4% in the third quarter. ERn Financial LLC now owns 18,711 shares of the company’s stock valued at $1,052,000 after purchasing an additional 265 shares in the last quarter. Interchange Capital Partners LLC increased its position in JPMorgan Equity Premium Income ETF by 9.3% in the third quarter. Interchange Capital Partners LLC now owns 62,365 shares of the company’s stock worth $3,522,000 after purchasing an additional 5,296 shares during the last quarter. Finally, Morey & Quinn Wealth Partners LLC increased its position in JPMorgan Equity Premium Income ETF by 17.6% in the third quarter. Morey & Quinn Wealth Partners LLC now owns 4,884 shares of the company’s stock worth $275,000 after purchasing an additional 730 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.8%

JPMorgan Equity Premium Income ETF stock opened at $57.93 on Friday. The company has a market cap of $46.49 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. The firm’s fifty day moving average is $56.94 and its 200 day moving average is $57.18. 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 Company 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.