Apollon Wealth Management LLC Buys 81,297 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Apollon Wealth Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 17.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 556,791 shares of the company’s stock after acquiring an additional 81,297 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 1.0% of Apollon Wealth Management LLC’s portfolio, making the stock its 17th largest holding. Apollon Wealth Management LLC owned approximately 0.09% of JPMorgan Equity Premium Income ETF worth $31,559,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 3.8% in the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock worth $1,274,807,000 after purchasing an additional 815,598 shares during the last quarter. Global Assets Advisory LLC increased its stake in JPMorgan Equity Premium Income ETF by 5,858.1% in the 1st quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock worth $356,724,000 after acquiring an additional 6,061,819 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in JPMorgan Equity Premium Income ETF by 5.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 5,836,775 shares of the company’s stock worth $320,906,000 after acquiring an additional 315,588 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of JPMorgan Equity Premium Income ETF by 406.2% during the 1st quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after acquiring an additional 3,318,702 shares in the last quarter. Finally, CIBC Private Wealth Group LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 6.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 3,172,309 shares of the company’s stock valued at $174,414,000 after acquiring an additional 187,656 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock traded up $0.21 during trading hours on Monday, reaching $57.82. The company’s stock had a trading volume of 2,879,138 shares, compared to its average volume of 3,284,307. The firm has a 50 day moving average price of $56.57 and a 200-day moving average price of $56.65. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $57.94. The stock has a market cap of $33.93 billion, a P/E 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.