XML Financial LLC Boosts Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

XML Financial LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 158.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,900 shares of the company’s stock after buying an additional 10,350 shares during the period. XML Financial LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $966,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in JEPI. Duncker Streett & Co. Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $28,000. Crowley Wealth Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $32,000. Global Wealth Strategies & Associates purchased a new position in JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $36,000. Park Square Financial Group LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $40,000. Finally, First United Bank & Trust purchased a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter valued at $45,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $56.13 on Tuesday. The stock has a market capitalization of $39.95 billion, a P/E ratio of 24.45 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $60.88. The business has a fifty day moving average price of $55.51 and a 200-day moving average price of $56.99.

JPMorgan Equity Premium Income ETF Company 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.