StrongBox Wealth LLC Grows Stock Position in JPMorgan Equity Premium Income ETF $JEPI

StrongBox Wealth LLC raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 148,751 shares of the company’s stock after buying an additional 3,837 shares during the period. JPMorgan Equity Premium Income ETF comprises about 3.2% of StrongBox Wealth LLC’s portfolio, making the stock its 9th biggest position. StrongBox Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,457,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in JEPI. Mather Group LLC. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $25,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at about $29,000. Millstone Evans Group LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at about $29,000. Arlington Trust Co LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 140.0% during the 1st quarter. Arlington Trust Co LLC now owns 600 shares of the company’s stock valued at $34,000 after purchasing an additional 350 shares in the last quarter. Finally, Global Wealth Strategies & Associates bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at about $36,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.77 on Wednesday. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The stock’s 50-day moving average is $56.77 and its 200 day moving average is $56.19. The firm has a market cap of $40.97 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62.

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.