Foguth Wealth Management LLC. Increases Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Foguth Wealth Management LLC. raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 40.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 199,537 shares of the company’s stock after buying an additional 57,139 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 4.3% of Foguth Wealth Management LLC.’s investment portfolio, making the stock its 5th biggest holding. Foguth Wealth Management LLC.’s holdings in JPMorgan Equity Premium Income ETF were worth $11,771,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of JEPI. Fluent Financial LLC increased its holdings in JPMorgan Equity Premium Income ETF by 4.2% during the first quarter. Fluent Financial LLC now owns 4,467 shares of the company’s stock worth $258,000 after buying an additional 181 shares during the last quarter. FSC Wealth Advisors LLC increased its holdings in JPMorgan Equity Premium Income ETF by 2.9% during the second quarter. FSC Wealth Advisors LLC now owns 6,774 shares of the company’s stock worth $384,000 after buying an additional 188 shares during the last quarter. Hixon Zuercher LLC increased its holdings in JPMorgan Equity Premium Income ETF by 3.7% during the second quarter. Hixon Zuercher LLC now owns 5,336 shares of the company’s stock worth $302,000 after buying an additional 190 shares during the last quarter. Raleigh Capital Management Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 21.6% during the fourth quarter. Raleigh Capital Management Inc. now owns 1,126 shares of the company’s stock worth $62,000 after buying an additional 200 shares during the last quarter. Finally, Salem Investment Counselors Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 17.5% during the first quarter. Salem Investment Counselors Inc. now owns 1,342 shares of the company’s stock worth $78,000 after buying an additional 200 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

Shares of JEPI traded up $0.13 during trading hours on Friday, hitting $59.28. The company had a trading volume of 304,370 shares, compared to its average volume of 3,153,454. The firm has a market cap of $34.79 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business has a fifty day moving average of $58.16 and a 200-day moving average of $57.18. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $59.58.

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.