Iron Horse Wealth Management LLC Raises Position in JPMorgan Equity Premium Income ETF $JEPI

Iron Horse Wealth Management LLC lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 312,226 shares of the company’s stock after purchasing an additional 11,991 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 5.2% of Iron Horse Wealth Management LLC’s investment portfolio, making the stock its 7th biggest position. Iron Horse Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $17,750,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Brown Miller Wealth Management LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 6.1% in the second quarter. Brown Miller Wealth Management LLC now owns 15,883 shares of the company’s stock worth $903,000 after purchasing an additional 919 shares during the last quarter. Highland Capital Management LLC bought a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth approximately $756,000. Realta Investment Advisors increased its stake in JPMorgan Equity Premium Income ETF by 3.6% during the second quarter. Realta Investment Advisors now owns 6,248 shares of the company’s stock worth $355,000 after acquiring an additional 217 shares during the last quarter. Wealthcare Capital Partners LLC increased its stake in JPMorgan Equity Premium Income ETF by 1.1% during the second quarter. Wealthcare Capital Partners LLC now owns 32,187 shares of the company’s stock worth $1,830,000 after acquiring an additional 358 shares during the last quarter. Finally, Wealthcare Capital Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 24.7% during the second quarter. Wealthcare Capital Management LLC now owns 8,580 shares of the company’s stock worth $488,000 after acquiring an additional 1,702 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $57.03 on Friday. The business’s 50 day moving average is $56.76 and its two-hundred day moving average is $56.13. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $60.88. The stock has a market capitalization of $41.28 billion, a P/E ratio of 23.93 and a beta of 0.62.

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.