Koa Wealth Management LLC Buys 398 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Koa Wealth Management LLC grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,342 shares of the company’s stock after buying an additional 398 shares during the period. Koa Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $530,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of JEPI. Fluent Financial LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 4.2% in the 1st quarter. Fluent Financial LLC now owns 4,467 shares of the company’s stock valued at $258,000 after acquiring an additional 181 shares during the period. FSC Wealth Advisors LLC raised its holdings in JPMorgan Equity Premium Income ETF by 2.9% in the second quarter. FSC Wealth Advisors LLC now owns 6,774 shares of the company’s stock worth $384,000 after purchasing an additional 188 shares during the period. Paragon Private Wealth Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.3% during the fourth quarter. Paragon Private Wealth Management LLC now owns 8,628 shares of the company’s stock worth $474,000 after purchasing an additional 196 shares in the last quarter. Raleigh Capital Management Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 21.6% in the 4th quarter. Raleigh Capital Management Inc. now owns 1,126 shares of the company’s stock valued at $62,000 after buying an additional 200 shares during the period. Finally, Salem Investment Counselors Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 17.5% in the 1st quarter. Salem Investment Counselors Inc. now owns 1,342 shares of the company’s stock valued at $78,000 after buying an additional 200 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.2 %

JPMorgan Equity Premium Income ETF stock traded down $0.13 during mid-day trading on Thursday, hitting $57.87. 2,235,601 shares of the company’s stock were exchanged, compared to its average volume of 3,265,379. The company’s 50 day simple moving average is $56.66 and its 200-day simple moving average is $56.68. The firm has a market capitalization of $33.96 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $58.05.

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.