Leo Wealth LLC Increases Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Leo Wealth LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 131.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,343 shares of the company’s stock after purchasing an additional 7,018 shares during the quarter. Leo Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $735,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James & Associates increased its position in JPMorgan Equity Premium Income ETF by 22.2% during the 2nd quarter. Raymond James & Associates now owns 2,421,638 shares of the company’s stock valued at $137,258,000 after buying an additional 439,155 shares in the last quarter. Independence Bank of Kentucky lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 14.3% during the first quarter. Independence Bank of Kentucky now owns 13,290 shares of the company’s stock valued at $769,000 after purchasing an additional 1,660 shares in the last quarter. Fiduciary Alliance LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at $202,000. Marshall Financial Group LLC increased its holdings in JPMorgan Equity Premium Income ETF by 132.0% in the 2nd quarter. Marshall Financial Group LLC now owns 110,766 shares of the company’s stock worth $6,278,000 after buying an additional 63,018 shares in the last quarter. Finally, Park Avenue Securities LLC raised its position in JPMorgan Equity Premium Income ETF by 82.3% in the 1st quarter. Park Avenue Securities LLC now owns 17,101 shares of the company’s stock worth $989,000 after buying an additional 7,719 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

Shares of NYSEARCA JEPI opened at $59.59 on Wednesday. The firm’s 50-day moving average price is $58.70 and its 200-day moving average price is $57.29. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $59.97. The company has a market cap of $34.97 billion, a PE ratio of 24.40 and a beta of 0.53.

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.