Forvis Mazars Wealth Advisors LLC Buys 22,364 Shares of JPMorgan Equity Premium Income ETF $JEPI

Forvis Mazars Wealth Advisors LLC grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 198.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,658 shares of the company’s stock after purchasing an additional 22,364 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,913,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of JEPI. Mather Group LLC. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $25,000. Bartlett & CO. Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $25,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $29,000. Millstone Evans Group LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $29,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $32,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $56.86 on Monday. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88. The firm has a market capitalization of $41.02 billion, a P/E ratio of 23.93 and a beta of 0.62. The stock has a 50 day moving average price of $56.84 and a 200 day moving average price of $56.10.

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.