ORG Wealth Partners LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 15,539 shares of the company’s stock, valued at approximately $884,000.
A number of other large investors have also added to or reduced their stakes in the stock. Wealthspan Partners LLC increased its holdings in JPMorgan Equity Premium Income ETF by 27.4% during the first quarter. Wealthspan Partners LLC now owns 57,382 shares of the company’s stock worth $3,279,000 after buying an additional 12,341 shares during the last quarter. Sterling Investment Counsel LLC boosted its position in JPMorgan Equity Premium Income ETF by 125.5% during the first quarter. Sterling Investment Counsel LLC now owns 414,001 shares of the company’s stock worth $23,656,000 after purchasing an additional 230,447 shares during the period. Montz Harcus Wealth Management LLC boosted its position in JPMorgan Equity Premium Income ETF by 12.7% during the first quarter. Montz Harcus Wealth Management LLC now owns 5,189 shares of the company’s stock worth $296,000 after purchasing an additional 584 shares during the period. LifeWealth Investments LLC boosted its position in JPMorgan Equity Premium Income ETF by 62.6% during the first quarter. LifeWealth Investments LLC now owns 66,828 shares of the company’s stock worth $3,819,000 after purchasing an additional 25,716 shares during the period. Finally, Marino Stram & Associates LLC boosted its position in JPMorgan Equity Premium Income ETF by 7.8% during the first quarter. Marino Stram & Associates LLC now owns 45,813 shares of the company’s stock worth $2,618,000 after purchasing an additional 3,315 shares during the period.
JPMorgan Equity Premium Income ETF Stock Down 0.2%
Shares of NYSEARCA:JEPI opened at $55.74 on Thursday. The firm has a market capitalization of $39.67 billion, a PE ratio of 24.45 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88. The company has a 50-day moving average price of $55.40 and a two-hundred day moving average price of $57.12.
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.
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