JPMorgan Equity Premium Income ETF $JEPI Stake Increased by Wealthcare Capital Management LLC

Wealthcare Capital Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 24.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,580 shares of the company’s stock after acquiring an additional 1,702 shares during the quarter. Wealthcare Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $488,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Kingstone Capital Partners Texas LLC grew its stake in JPMorgan Equity Premium Income ETF by 387,324.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after purchasing an additional 401,771,477 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in JPMorgan Equity Premium Income ETF by 35.9% during the 1st quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock worth $1,609,887,000 after buying an additional 7,443,750 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 14.9% in the 1st quarter. Raymond James Financial Inc. now owns 6,435,593 shares of the company’s stock worth $367,730,000 after acquiring an additional 833,285 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 18.9% in the 1st quarter. Commonwealth Equity Services LLC now owns 4,903,295 shares of the company’s stock valued at $280,174,000 after acquiring an additional 778,433 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 11.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock valued at $434,911,000 after acquiring an additional 774,664 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $57.03 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $60.88. The company has a fifty day moving average price of $56.76 and a two-hundred day moving average price of $56.13. The company has a market cap of $41.28 billion, a PE ratio of 23.93 and a beta of 0.62.

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.