Brown Miller Wealth Management LLC Purchases 919 Shares of JPMorgan Equity Premium Income ETF $JEPI

Brown Miller Wealth Management LLC lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,883 shares of the company’s stock after buying an additional 919 shares during the period. Brown Miller Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $903,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of JEPI. Mather Group LLC. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at $25,000. Bartlett & CO. Wealth Management LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $25,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the first quarter valued at about $29,000. Millstone Evans Group LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the first quarter worth about $29,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth about $32,000.

JPMorgan Equity Premium Income ETF Stock Up 0.3%

JEPI opened at $57.03 on Friday. The company has a market cap of $41.28 billion, a P/E ratio of 23.93 and a beta of 0.62. The firm’s 50-day moving average price is $56.76 and its 200-day moving average price is $56.13. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88.

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.