5T Wealth LLC Takes $1.99 Million Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

5T Wealth LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 34,593 shares of the company’s stock, valued at approximately $1,990,000. JPMorgan Equity Premium Income ETF makes up about 1.1% of 5T Wealth LLC’s holdings, making the stock its 28th largest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Mattern Wealth Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 2.2% during the 3rd quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock valued at $480,000 after acquiring an additional 174 shares during the period. Consolidated Planning Corp raised its holdings in JPMorgan Equity Premium Income ETF by 0.5% during the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock worth $1,931,000 after purchasing an additional 179 shares during the last quarter. Landmark Wealth Management LLC boosted its position in JPMorgan Equity Premium Income ETF by 5.1% during the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after purchasing an additional 185 shares in the last quarter. Aviance Capital Partners LLC boosted its position in JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock worth $1,030,000 after purchasing an additional 194 shares in the last quarter. Finally, Fortis Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 2.0% in the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after purchasing an additional 196 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.2 %

NYSEARCA:JEPI opened at $59.17 on Monday. The company has a market capitalization of $34.72 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The stock has a fifty day simple moving average of $58.58 and a 200-day simple moving average of $58.75.

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.