Stenger Family Office LLC Purchases Shares of 10,558 JPMorgan Equity Premium Income ETF $JEPI

Stenger Family Office LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,558 shares of the company’s stock, valued at approximately $604,000.

Several other hedge funds also recently modified their holdings of JEPI. Walled Lake Planning & Wealth Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 2.7% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock valued at $369,000 after acquiring an additional 171 shares during the last quarter. Wealth Effects LLC grew its position in JPMorgan Equity Premium Income ETF by 0.6% during the 4th quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock worth $1,809,000 after acquiring an additional 173 shares during the last quarter. WESPAC Advisors SoCal LLC grew its position in JPMorgan Equity Premium Income ETF by 4.3% during the 4th quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock worth $239,000 after acquiring an additional 174 shares during the last quarter. Aspen Wealth Strategies LLC grew its position in JPMorgan Equity Premium Income ETF by 4.5% during the 4th quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock worth $231,000 after acquiring an additional 174 shares during the last quarter. Finally, Morey & Quinn Wealth Partners LLC increased its holdings in JPMorgan Equity Premium Income ETF by 4.9% during the 4th quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock valued at $213,000 after purchasing an additional 175 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $56.10 on Friday. The stock has a fifty day moving average price of $56.48 and a two-hundred day moving average price of $57.42. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90. The company has a market cap of $44.45 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54.

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.