M Holdings Securities Inc. Acquires 58,221 Shares of JPMorgan Equity Premium Income ETF $JEPI

M Holdings Securities Inc. purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the third quarter, HoldingsChannel reports. The firm purchased 58,221 shares of the company’s stock, valued at approximately $3,314,000.

Other hedge funds have also made changes to their positions in the company. TopTier Wealth Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 1.4% during the 3rd quarter. TopTier Wealth Management LLC now owns 12,665 shares of the company’s stock worth $712,000 after buying an additional 175 shares during the last quarter. Lineweaver Wealth Advisors LLC grew its stake in JPMorgan Equity Premium Income ETF by 1.6% in the 3rd quarter. Lineweaver Wealth Advisors LLC now owns 11,301 shares of the company’s stock valued at $635,000 after acquiring an additional 177 shares during the last quarter. Private Capital Advisors Inc. grew its stake in JPMorgan Equity Premium Income ETF by 2.2% in the 3rd quarter. Private Capital Advisors Inc. now owns 9,292 shares of the company’s stock valued at $522,000 after acquiring an additional 200 shares during the last quarter. Studio Investment Management LLC grew its stake in JPMorgan Equity Premium Income ETF by 0.4% in the 3rd quarter. Studio Investment Management LLC now owns 54,263 shares of the company’s stock valued at $3,051,000 after acquiring an additional 213 shares during the last quarter. Finally, Capstone Financial Advisors Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 1.6% during the 2nd quarter. Capstone Financial Advisors Inc. now owns 14,739 shares of the company’s stock valued at $832,000 after acquiring an additional 238 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $56.43 on Monday. The company has a market capitalization of $45.32 billion, a P/E ratio of 23.93 and a beta of 0.52. The firm has a 50-day moving average price of $56.85 and a two-hundred day moving average price of $57.15. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90.

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.