Leo Wealth LLC Takes Position in JPMorgan Equity Premium Income ETF $JEPI

Leo Wealth LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 13,233 shares of the company’s stock, valued at approximately $757,000.

A number of other large investors have also made changes to their positions in the stock. WESPAC Advisors SoCal LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 4.3% during the fourth quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock valued at $239,000 after buying an additional 174 shares during the last quarter. Hurley Capital LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 2.0% during the third quarter. Hurley Capital LLC now owns 9,098 shares of the company’s stock valued at $519,000 after buying an additional 177 shares during the last quarter. BOS Asset Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 3.5% during the third quarter. BOS Asset Management LLC now owns 5,213 shares of the company’s stock valued at $298,000 after buying an additional 178 shares during the last quarter. Bessemer Group Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 0.9% during the third quarter. Bessemer Group Inc. now owns 20,292 shares of the company’s stock valued at $1,159,000 after buying an additional 185 shares during the last quarter. Finally, Comprehensive Money Management Services LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 3.6% during the third quarter. Comprehensive Money Management Services LLC now owns 5,428 shares of the company’s stock valued at $310,000 after buying an additional 188 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $56.70 on Tuesday. The company has a 50-day simple moving average of $58.09 and a 200-day simple moving average of $57.57. The firm has a market capitalization of $43.96 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $59.90.

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.