Lionsbridge Wealth Management LLC Raises Holdings in JPMorgan Equity Premium Income ETF $JEPI

Lionsbridge Wealth Management LLC grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 161.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 31,919 shares of the company’s stock after buying an additional 19,705 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 1.8% of Lionsbridge Wealth Management LLC’s portfolio, making the stock its 19th biggest position. Lionsbridge Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,823,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kingstone Capital Partners Texas LLC lifted its stake in JPMorgan Equity Premium Income ETF by 387,324.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after acquiring an additional 401,771,477 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of JPMorgan Equity Premium Income ETF by 2.1% in the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after purchasing an additional 690,960 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 17.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock worth $508,201,000 after purchasing an additional 1,327,996 shares during the last quarter. Royal Bank of Canada lifted its position in shares of JPMorgan Equity Premium Income ETF by 10.5% during the 1st quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock worth $463,927,000 after purchasing an additional 772,858 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 9.9% during the second quarter. Raymond James Financial Inc. now owns 7,072,179 shares of the company’s stock worth $402,053,000 after purchasing an additional 636,586 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $57.98 on Tuesday. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $59.73. The firm has a market capitalization of $41.50 billion, a PE ratio of 23.93 and a beta of 0.60. The business’s fifty day moving average price is $57.19 and its 200 day moving average price is $56.89.

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.