JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by Lakeridge Wealth Management LLC

Lakeridge Wealth Management LLC increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 38.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,834 shares of the company’s stock after buying an additional 2,984 shares during the period. Lakeridge Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $619,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Bank of Jackson Hole Trust acquired a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $28,000. Duncker Streett & Co. Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $28,000. Creative Capital Management Investments LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $32,000. Crowley Wealth Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $32,000. Finally, Global Wealth Strategies & Associates acquired a new position in JPMorgan Equity Premium Income ETF during the first quarter worth approximately $36,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $56.04 on Friday. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The company has a 50 day moving average price of $55.26 and a 200 day moving average price of $57.22. The firm has a market capitalization of $39.89 billion, a price-to-earnings ratio of 24.45 and a beta of 0.60.

About JPMorgan Equity Premium Income ETF

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.