JPMorgan Equity Premium Income ETF $JEPI Holdings Lifted by HB Wealth Management LLC

HB Wealth Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 21.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 50,619 shares of the company’s stock after acquiring an additional 9,007 shares during the quarter. HB Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,890,000 as of its most recent SEC filing.

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

JPMorgan Equity Premium Income ETF Stock Up 0.4%

JEPI opened at $58.25 on Friday. The firm has a market cap of $42.34 billion, a PE ratio of 23.93 and a beta of 0.60. The business has a fifty day simple moving average of $57.27 and a 200-day simple moving average of $56.98. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $59.73.

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.