Lionsbridge Wealth Management LLC Increases Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Lionsbridge Wealth Management LLC grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 161.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,919 shares of the company’s stock after purchasing an additional 19,705 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 1.8% of Lionsbridge Wealth Management LLC’s holdings, making the stock its 19th biggest position. Lionsbridge Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,823,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Kingstone Capital Partners Texas LLC raised its stake in JPMorgan Equity Premium Income ETF by 387,324.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after acquiring an additional 401,771,477 shares in the last quarter. Nationwide Fund Advisors acquired a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at $396,998,000. Envestnet Asset Management Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 17.4% during the second quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock worth $508,201,000 after purchasing an additional 1,327,996 shares during the last quarter. Hamilton Capital LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter worth about $72,373,000. Finally, Bank of New York Mellon Corp increased its position in shares of JPMorgan Equity Premium Income ETF by 191.5% during the second quarter. Bank of New York Mellon Corp now owns 1,708,349 shares of the company’s stock worth $97,120,000 after purchasing an additional 1,122,256 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.1%

Shares of NYSEARCA JEPI opened at $57.98 on Tuesday. The stock has a market cap of $41.50 billion, a PE 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 $59.73. The business has a 50-day moving average price of $57.19 and a 200 day moving average price of $56.89.

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.