JPMorgan Equity Premium Income ETF $JEPI Shares Bought by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 428,862 shares of the company’s stock after purchasing an additional 16,938 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 1.4% of Pinnacle Wealth Management Advisory Group LLC’s portfolio, making the stock its 14th largest holding. Pinnacle Wealth Management Advisory Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $24,222,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of JEPI. Rice Partnership LLC increased its position in JPMorgan Equity Premium Income ETF by 124.5% during the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after purchasing an additional 249 shares in the last quarter. Providence Capital Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $26,000. NBH Bank acquired a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $27,000. Advocate Investing Services LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the first quarter worth approximately $28,000. Finally, Monetary Solutions Ltd purchased a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $30,000.

JPMorgan Equity Premium Income ETF Stock Down 0.6%

JPMorgan Equity Premium Income ETF stock opened at $56.87 on Wednesday. The firm has a fifty day moving average of $57.24 and a 200-day moving average of $57.02. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90. The firm has a market capitalization of $45.36 billion, a P/E 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.