5T Wealth LLC Has $2.77 Million Stake in JPMorgan Equity Premium Income ETF $JEPI

5T Wealth LLC boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 26.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 48,537 shares of the company’s stock after purchasing an additional 10,257 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 1.2% of 5T Wealth LLC’s investment portfolio, making the stock its 26th largest holding. 5T Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,771,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Bartlett & CO. Wealth Management LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at $25,000. GHP Investment Advisors Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $25,000. Clarity Asset Management Inc. bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $25,000. Pin Oak Investment Advisors Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 73.6% during the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock valued at $28,000 after purchasing an additional 212 shares during the last quarter. Finally, Asset Dedication LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $28,000.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.02 on Monday. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $59.73. The business has a 50 day moving average price of $57.18 and a 200-day moving average price of $56.87. The company has a market cap of $41.53 billion, a PE ratio of 23.93 and a beta of 0.60.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.