Wealth Dimensions Group Ltd. boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 2.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 24,288 shares of the company’s stock after purchasing an additional 504 shares during the quarter. Wealth Dimensions Group Ltd.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,445,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of JEPI. Larson Financial Group LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 432.5% in the 3rd quarter. Larson Financial Group LLC now owns 91,359 shares of the company’s stock valued at $5,437,000 after purchasing an additional 74,203 shares during the period. StoneX Group Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 10.2% in the third quarter. StoneX Group Inc. now owns 12,598 shares of the company’s stock valued at $750,000 after buying an additional 1,163 shares in the last quarter. Lane & Associates LLC purchased a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at $246,000. Great Valley Advisor Group Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 19.2% in the third quarter. Great Valley Advisor Group Inc. now owns 56,330 shares of the company’s stock worth $3,352,000 after acquiring an additional 9,072 shares during the period. Finally, Flagstar Advisors Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 19.6% during the 3rd quarter. Flagstar Advisors Inc. now owns 49,289 shares of the company’s stock worth $2,933,000 after acquiring an additional 8,089 shares in the last quarter.
JPMorgan Equity Premium Income ETF Stock Up 0.4 %
NYSEARCA:JEPI opened at $60.16 on Friday. The stock has a market capitalization of $35.30 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $54.27 and a 52 week high of $60.20. The stock’s 50-day moving average price is $59.36 and its 200-day moving average price is $57.82.
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.
Further Reading
- Five stocks we like better than JPMorgan Equity Premium Income ETF
- Buy P&G Now, Before It Sets A New All-Time High
- Disney’s Magic Strategy: Reinventing the House of Mouse
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Volatility in Semis? 3 Stable Alternatives to NVIDIA and SMCI
- How to Buy Cheap Stocks Step by Step
- Vertiv’s Cool Tech Makes Its Stock Red-Hot
Want to see what other hedge funds are holding JEPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report).
Receive News & Ratings for JPMorgan Equity Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Equity Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.