BCGM Wealth Management LLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 3.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,331 shares of the company’s stock after acquiring an additional 907 shares during the period. BCGM Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,400,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently modified their holdings of the company. Clarity Wealth Advisors LLC boosted its position in JPMorgan Equity Premium Income ETF by 0.7% during the fourth quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after purchasing an additional 401 shares during the period. Tandem Financial LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $757,000. Citigroup Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 51.8% in the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after buying an additional 50,459 shares during the period. Accurate Wealth Management LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $215,000. Finally, Cornerstone Wealth Group LLC raised its holdings in JPMorgan Equity Premium Income ETF by 1.7% during the 3rd quarter. Cornerstone Wealth Group LLC now owns 75,109 shares of the company’s stock valued at $4,470,000 after acquiring an additional 1,235 shares during the period.
JPMorgan Equity Premium Income ETF Stock Performance
NYSEARCA:JEPI opened at $59.13 on Monday. The business’s fifty day moving average is $58.57 and its 200 day moving average is $58.88. The firm has a market cap of $34.70 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88.
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.
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