Cornerstone Wealth Group LLC Acquires 1,313 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cornerstone Wealth Group LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 76,422 shares of the company’s stock after buying an additional 1,313 shares during the quarter. Cornerstone Wealth Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,397,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Mattern Wealth Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 2.2% during the 3rd quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock worth $480,000 after purchasing an additional 174 shares during the last quarter. Empirical Asset Management LLC increased its position in JPMorgan Equity Premium Income ETF by 4.0% in the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock worth $278,000 after buying an additional 179 shares during the last quarter. Aviance Capital Partners LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 1.1% in the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after buying an additional 194 shares during the period. Fortis Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% in the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after buying an additional 196 shares during the period. Finally, Hudock Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 4.5% during the 3rd quarter. Hudock Inc. now owns 4,608 shares of the company’s stock valued at $274,000 after buying an additional 199 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $59.10 on Monday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The business has a 50-day moving average of $58.93 and a 200 day moving average of $58.53. The firm has a market cap of $34.68 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.