Morey & Quinn Wealth Partners LLC Buys Shares of 3,685 JPMorgan Equity Premium Income ETF $JEPI

Morey & Quinn Wealth Partners LLC purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,685 shares of the company’s stock, valued at approximately $209,000.

A number of other institutional investors also recently modified their holdings of the company. Ignite Planners LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 1.4% in the second quarter. Ignite Planners LLC now owns 60,910 shares of the company’s stock valued at $3,470,000 after purchasing an additional 843 shares in the last quarter. Fortis Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.6% in the second quarter. Fortis Advisors LLC now owns 9,646 shares of the company’s stock valued at $548,000 after purchasing an additional 244 shares in the last quarter. Valmark Advisers Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 74.0% in the second quarter. Valmark Advisers Inc. now owns 52,721 shares of the company’s stock valued at $2,997,000 after purchasing an additional 22,413 shares in the last quarter. Nelson Capital Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 0.8% in the second quarter. Nelson Capital Management LLC now owns 30,357 shares of the company’s stock valued at $1,726,000 after purchasing an additional 227 shares in the last quarter. Finally, NBT Bank N A NY lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 35.1% in the second quarter. NBT Bank N A NY now owns 8,640 shares of the company’s stock valued at $491,000 after purchasing an additional 2,245 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.91 on Thursday. The firm has a market cap of $41.17 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62. The stock’s 50-day moving average is $56.75 and its 200-day moving average is $56.14. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88.

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.