Perissos Private Wealth Management LLC Increases Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Perissos Private Wealth Management LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.7% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 109,059 shares of the company’s stock after acquiring an additional 4,865 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 4.9% of Perissos Private Wealth Management LLC’s portfolio, making the stock its 4th largest holding. Perissos Private Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,200,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in JEPI. Kingstone Capital Partners Texas LLC raised its stake in JPMorgan Equity Premium Income ETF by 387,324.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after acquiring an additional 401,771,477 shares during the period. JPMorgan Chase & Co. raised its stake in JPMorgan Equity Premium Income ETF by 35.9% in the 1st quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock valued at $1,609,887,000 after acquiring an additional 7,443,750 shares during the period. Nationwide Fund Advisors bought a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $396,998,000. Raymond James Financial Inc. raised its stake in 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 valued at $367,730,000 after acquiring an additional 833,285 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 18.9% during the first quarter. Commonwealth Equity Services LLC now owns 4,903,295 shares of the company’s stock valued at $280,174,000 after buying an additional 778,433 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $57.46 on Friday. The business’s 50-day moving average price is $56.93 and its 200-day moving average price is $56.27. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88. The stock has a market cap of $41.21 billion, a PE ratio of 23.93 and a beta of 0.62.

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.