Pasadena Private Wealth LLC Purchases Shares of 19,985 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Pasadena Private Wealth LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 19,985 shares of the company’s stock, valued at approximately $1,142,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Mather Group LLC. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth $25,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth $29,000. Millstone Evans Group LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth $29,000. Arlington Trust Co LLC grew its position in JPMorgan Equity Premium Income ETF by 140.0% during the first quarter. Arlington Trust Co LLC now owns 600 shares of the company’s stock valued at $34,000 after buying an additional 350 shares during the period. Finally, Global Wealth Strategies & Associates bought a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at about $36,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $56.84 on Thursday. The firm has a market cap of $40.97 billion, a P/E ratio of 23.93 and a beta of 0.62. The firm has a 50-day moving average of $56.43 and a 200 day moving average of $56.73. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88.

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.