JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Bought by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 38.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 142,398 shares of the company’s stock after acquiring an additional 39,292 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 3.6% of Foguth Wealth Management LLC.’s investment portfolio, making the stock its 7th biggest position. Foguth Wealth Management LLC.’s holdings in JPMorgan Equity Premium Income ETF were worth $8,071,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Larson Financial Group LLC increased its holdings in JPMorgan Equity Premium Income ETF by 129.8% in the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after purchasing an additional 314 shares during the period. Burkett Financial Services LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter worth about $35,000. Capital Advisors Ltd. LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 79.3% during the fourth quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock worth $36,000 after acquiring an additional 291 shares during the last quarter. Morris Financial Concepts Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 114.1% in the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after acquiring an additional 331 shares during the period. Finally, Beaird Harris Wealth Management LLC bought a new stake in JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $38,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI traded up $0.47 during trading on Tuesday, reaching $56.83. The stock had a trading volume of 2,587,839 shares, compared to its average volume of 3,304,541. JPMorgan Equity Premium Income ETF has a 52 week low of $51.38 and a 52 week high of $57.94. The firm’s fifty day moving average is $56.52 and its 200 day moving average is $56.62. The stock has a market cap of $33.35 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.