Fifth Third Securities Inc. Increases Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Fifth Third Securities Inc. grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 32.0% during the second quarter, HoldingsChannel reports. The firm owned 197,548 shares of the company’s stock after purchasing an additional 47,886 shares during the quarter. Fifth Third Securities Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $11,158,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Walled Lake Planning & Wealth Management LLC grew its position in JPMorgan Equity Premium Income ETF by 2.7% in the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock valued at $369,000 after buying an additional 171 shares during the last quarter. Wealth Effects LLC raised its position in JPMorgan Equity Premium Income ETF by 0.6% during the 4th quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock worth $1,809,000 after buying an additional 173 shares during the last quarter. Aspen Wealth Strategies LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 4.5% in the 4th quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock worth $231,000 after acquiring an additional 174 shares during the period. Morey & Quinn Wealth Partners LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 4.9% in the 4th quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock worth $213,000 after acquiring an additional 175 shares during the period. Finally, 3Chopt Investment Partners LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 9.0% in the first quarter. 3Chopt Investment Partners LLC now owns 2,143 shares of the company’s stock valued at $121,000 after acquiring an additional 177 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

Shares of NYSEARCA:JEPI opened at $57.92 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90. The firm’s 50-day simple moving average is $56.64 and its 200-day simple moving average is $57.17. The company has a market cap of $46.20 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53.

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