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

KFG Wealth Management LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 12.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 137,191 shares of the company’s stock after purchasing an additional 15,423 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 0.8% of KFG Wealth Management LLC’s holdings, making the stock its 21st biggest position. KFG Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,713,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. Legacy Private Trust Co. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at $2,602,000. Private Client Services LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $3,694,000. Community Financial Services Group LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at $6,319,000. Studio Investment Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 194.0% during the second quarter. Studio Investment Management LLC now owns 54,050 shares of the company’s stock valued at $3,053,000 after purchasing an additional 35,668 shares during the last quarter. Finally, Tucker Asset Management LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 42.1% in the second quarter. Tucker Asset Management LLC now owns 34,008 shares of the company’s stock worth $1,921,000 after buying an additional 10,075 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI traded down $0.12 on Friday, hitting $57.04. 5,353,486 shares of the stock were exchanged, compared to its average volume of 5,136,943. The company has a market capitalization of $45.76 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. The company’s 50-day moving average price is $57.03 and its two-hundred day moving average price is $56.74. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90.

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