Forvis Mazars Wealth Advisors LLC Acquires New Shares in JPMorgan Equity Premium Income ETF $JEPI

Forvis Mazars Wealth Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 3rd quarter, HoldingsChannel reports. The firm bought 85,204 shares of the company’s stock, valued at approximately $4,790,000.

Several other institutional investors also recently modified their holdings of the business. Legacy Private Trust Co. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $2,602,000. Private Client Services LLC bought a new position in JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $3,694,000. Nottingham Advisors Inc. lifted its position in JPMorgan Equity Premium Income ETF by 21.6% during the first quarter. Nottingham Advisors Inc. now owns 816,880 shares of the company’s stock valued at $46,301,000 after purchasing an additional 144,966 shares during the period. Tucker Asset Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 42.1% in the second quarter. Tucker Asset Management LLC now owns 34,008 shares of the company’s stock worth $1,921,000 after purchasing an additional 10,075 shares during the last quarter. Finally, Studio Investment Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 194.0% in the second quarter. Studio Investment Management LLC now owns 54,050 shares of the company’s stock worth $3,053,000 after purchasing an additional 35,668 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.1%

JEPI stock traded down $0.03 on Tuesday, hitting $56.93. The company had a trading volume of 3,629,416 shares, compared to its average volume of 5,141,550. JPMorgan Equity Premium Income ETF has a 12-month low of $55.10 and a 12-month high of $59.90. The stock has a market cap of $45.86 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. The stock’s 50-day simple moving average is $57.07 and its 200 day simple moving average is $56.72.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.