JPMorgan Equity Premium Income ETF $JEPI Shares Purchased by Wagner Wealth Management LLC

Wagner Wealth Management LLC grew its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 464,137 shares of the company’s stock after purchasing an additional 14,864 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 5.3% of Wagner Wealth Management LLC’s holdings, making the stock its 4th largest holding. Wagner Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $26,307,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Equitable Holdings Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 3,477.6% in the fourth quarter. Equitable Holdings Inc. now owns 1,853,767 shares of the company’s stock valued at $106,110,000 after buying an additional 1,801,951 shares during the last quarter. Tableaux LLC boosted its position in JPMorgan Equity Premium Income ETF by 1,462.3% during the fourth quarter. Tableaux LLC now owns 1,503,922 shares of the company’s stock worth $86,084,000 after acquiring an additional 1,407,660 shares during the last quarter. Raymond James Financial Inc. boosted its position in JPMorgan Equity Premium Income ETF by 11.4% during the fourth quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after acquiring an additional 825,889 shares during the last quarter. Tcfg Wealth Management LLC grew its stake in JPMorgan Equity Premium Income ETF by 3,843.5% in the 3rd quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock worth $47,498,000 after acquiring an additional 810,739 shares during the period. Finally, SHP Wealth Management purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $42,882,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $56.48 on Wednesday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90. The company has a market capitalization of $44.75 billion, a PE ratio of 23.93 and a beta of 0.54. The stock has a fifty day moving average of $56.26 and a two-hundred day moving average of $57.37.

About JPMorgan Equity Premium Income ETF

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.