Congress Wealth Management LLC DE Purchases 3,782 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Congress Wealth Management LLC DE boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 48.8% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 11,530 shares of the company’s stock after purchasing an additional 3,782 shares during the period. Congress Wealth Management LLC DE’s holdings in JPMorgan Equity Premium Income ETF were worth $663,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Consolidated Planning Corp boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 0.5% in the 4th quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock worth $1,931,000 after buying an additional 179 shares during the last quarter. Landmark Wealth Management LLC raised its position in JPMorgan Equity Premium Income ETF by 5.1% in the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after acquiring an additional 185 shares during the period. Fortis Advisors LLC boosted its stake in JPMorgan Equity Premium Income ETF by 2.0% in the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after acquiring an additional 196 shares during the last quarter. Beam Wealth Advisors Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 0.4% during the 4th quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock valued at $2,948,000 after acquiring an additional 196 shares during the period. Finally, Lakeridge Wealth Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 2.7% during the 4th quarter. Lakeridge Wealth Management LLC now owns 7,850 shares of the company’s stock worth $452,000 after purchasing an additional 206 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 1.2 %

NYSEARCA:JEPI opened at $56.68 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88. The firm’s 50 day moving average is $58.41 and its 200 day moving average is $58.86. The stock has a market capitalization of $38.75 billion, a PE ratio of 24.79 and a beta of 0.61.

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.