KFG Wealth Management LLC Acquires 15,423 Shares of JPMorgan Equity Premium Income ETF $JEPI

KFG Wealth Management LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 12.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 137,191 shares of the company’s stock after purchasing an additional 15,423 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 0.8% of KFG Wealth Management LLC’s investment portfolio, making the stock its 21st biggest position. KFG Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,713,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JEPI. NBH Bank bought a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $27,000. Advocate Investing Services LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth $28,000. Monetary Solutions Ltd acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $30,000. Olistico Wealth LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $35,000. Finally, Provenance Wealth Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 1st quarter valued at $42,000.

JPMorgan Equity Premium Income ETF Trading Down 0.2%

JEPI traded down $0.12 during trading on Friday, hitting $57.04. The stock had a trading volume of 5,353,486 shares, compared to its average volume of 5,136,943. The firm has a market cap of $45.76 billion, a PE ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90. The company has a 50 day simple moving average of $57.03 and a 200-day simple moving average of $56.74.

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.