Apollon Financial LLC Grows Position in JPMorgan Equity Premium Income ETF $JEPI

Apollon Financial LLC lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 55.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 8,485 shares of the company’s stock after buying an additional 3,010 shares during the quarter. Apollon Financial LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $482,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Mattern Wealth Management LLC raised its stake in JPMorgan Equity Premium Income ETF by 1.8% during the second quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock valued at $573,000 after purchasing an additional 178 shares in the last quarter. Highline Wealth Partners LLC raised its stake in JPMorgan Equity Premium Income ETF by 13.5% during the second quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock valued at $86,000 after purchasing an additional 180 shares in the last quarter. Solutions 4 Wealth Ltd raised its stake in JPMorgan Equity Premium Income ETF by 1.2% during the first quarter. Solutions 4 Wealth Ltd now owns 15,441 shares of the company’s stock valued at $882,000 after purchasing an additional 183 shares in the last quarter. SimpliFi Inc. raised its stake in JPMorgan Equity Premium Income ETF by 2.6% during the second quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock valued at $418,000 after purchasing an additional 186 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. raised its stake in JPMorgan Equity Premium Income ETF by 4.0% during the first quarter. Summit Wealth & Retirement Planning Inc. now owns 4,900 shares of the company’s stock valued at $280,000 after purchasing an additional 190 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 1.3%

JPMorgan Equity Premium Income ETF stock opened at $56.00 on Friday. The company has a market cap of $40.53 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62. The firm’s fifty day moving average is $56.77 and its 200 day moving average is $56.11. 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 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.