SkyOak Wealth LLC Has $4.41 Million Stock Position in JPMorgan Equity Premium Income ETF $JEPI

SkyOak Wealth LLC increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 32.8% during the second quarter, HoldingsChannel reports. The fund owned 78,136 shares of the company’s stock after acquiring an additional 19,297 shares during the quarter. SkyOak Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,413,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of JEPI. Rice Partnership LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 124.5% in the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after purchasing an additional 249 shares during the period. Providence Capital Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $26,000. Advocate Investing Services LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at about $28,000. Monetary Solutions Ltd acquired a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at about $30,000. Finally, BTG Pactual Asset Management US LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $31,000.

JPMorgan Equity Premium Income ETF Stock Down 0.9%

JEPI stock opened at $57.00 on Wednesday. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The company has a market cap of $45.46 billion, a PE ratio of 23.93 and a beta of 0.53. The business’s 50-day simple moving average is $57.14 and its 200 day simple moving average is $57.09.

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.