Base Wealth Management LLC Acquires 15,899 Shares of JPMorgan Equity Premium Income ETF $JEPI

Base Wealth Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 32.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 64,555 shares of the company’s stock after acquiring an additional 15,899 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 2.4% of Base Wealth Management LLC’s holdings, making the stock its 14th largest holding. Base Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,670,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Coastline Trust Co lifted its stake in JPMorgan Equity Premium Income ETF by 14.0% during the 2nd quarter. Coastline Trust Co now owns 1,981 shares of the company’s stock valued at $113,000 after acquiring an additional 243 shares during the period. Grandview Asset Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 8.6% in the second quarter. Grandview Asset Management LLC now owns 14,976 shares of the company’s stock valued at $851,000 after purchasing an additional 1,181 shares during the last quarter. Parallel Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 3.1% in the second quarter. Parallel Advisors LLC now owns 45,589 shares of the company’s stock valued at $2,592,000 after purchasing an additional 1,372 shares during the last quarter. Rovin Capital UT ADV grew its position in JPMorgan Equity Premium Income ETF by 3.4% during the 2nd quarter. Rovin Capital UT ADV now owns 47,563 shares of the company’s stock worth $2,704,000 after purchasing an additional 1,581 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 20.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 285,816 shares of the company’s stock valued at $16,249,000 after buying an additional 47,712 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.1%

Shares of JEPI stock opened at $57.73 on Monday. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $59.73. The stock has a market cap of $41.32 billion, a PE ratio of 23.93 and a beta of 0.60. The business has a 50-day simple moving average of $56.98 and a 200-day simple moving average of $56.75.

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.