Highline Wealth Partners LLC Purchases 44,002 Shares of JPMorgan Equity Premium Income ETF $JEPI

Highline Wealth Partners LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1,758.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 46,505 shares of the company’s stock after buying an additional 44,002 shares during the quarter. Highline Wealth Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,627,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Sherry Group Inc. bought a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $214,000. Alterna Wealth Management Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $3,008,000. First PREMIER Bank grew its stake in shares of JPMorgan Equity Premium Income ETF by 39.1% during the 2nd quarter. First PREMIER Bank now owns 61,156 shares of the company’s stock worth $3,454,000 after acquiring an additional 17,199 shares in the last quarter. Guardian Financial Partners LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 5.1% in the second quarter. Guardian Financial Partners LLC now owns 47,385 shares of the company’s stock valued at $2,676,000 after purchasing an additional 2,317 shares during the last quarter. Finally, Independent Financial Group LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 17.3% in the second quarter. Independent Financial Group LLC now owns 180,844 shares of the company’s stock valued at $10,214,000 after purchasing an additional 26,699 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

Shares of JEPI stock opened at $57.92 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90. The company’s fifty day simple moving average is $56.64 and its 200-day simple moving average is $57.17. The firm has a market cap of $46.20 billion, a PE ratio of 23.93 and a beta of 0.53.

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.