Base Wealth Management LLC Buys 11,406 Shares of JPMorgan Equity Premium Income ETF $JEPI

Base Wealth Management LLC raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 14.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 89,050 shares of the company’s stock after acquiring an additional 11,406 shares during the period. JPMorgan Equity Premium Income ETF makes up 2.8% of Base Wealth Management LLC’s portfolio, making the stock its 14th biggest position. Base Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,047,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Crewe Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 32.9% during the fourth quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock valued at $2,198,000 after acquiring an additional 9,514 shares in the last quarter. Capital Investment Advisory Services LLC raised its holdings in JPMorgan Equity Premium Income ETF by 32.7% in the 4th quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock worth $12,920,000 after acquiring an additional 55,610 shares during the last quarter. Cyndeo Wealth Partners LLC lifted its position in JPMorgan Equity Premium Income ETF by 90.4% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock valued at $1,542,000 after acquiring an additional 12,790 shares in the last quarter. Apella Capital LLC lifted its position in JPMorgan Equity Premium Income ETF by 2.8% in the 4th quarter. Apella Capital LLC now owns 347,881 shares of the company’s stock valued at $19,913,000 after acquiring an additional 9,499 shares in the last quarter. Finally, Leo Wealth LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $757,000.

JPMorgan Equity Premium Income ETF Trading Down 0.6%

Shares of JEPI opened at $56.52 on Thursday. The company has a market cap of $44.89 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. The business’s fifty day simple moving average is $56.16 and its two-hundred day simple moving average is $57.33. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90.

JPMorgan Equity Premium Income ETF 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.