JPMorgan Equity Premium Income ETF $JEPI Shares Acquired by Innovative Wealth Building LLC

Innovative Wealth Building LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,806 shares of the company’s stock after purchasing an additional 1,053 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 0.9% of Innovative Wealth Building LLC’s holdings, making the stock its 22nd largest holding. Innovative Wealth Building LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,069,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of JEPI. Brighton Jones LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $402,000. IAM Advisory LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 8.9% in the 1st quarter. IAM Advisory LLC now owns 16,386 shares of the company’s stock valued at $936,000 after purchasing an additional 1,345 shares in the last quarter. Sovereign Financial Group Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 14.9% during the 1st quarter. Sovereign Financial Group Inc. now owns 27,109 shares of the company’s stock valued at $1,549,000 after buying an additional 3,525 shares during the period. StoneCrest Wealth Management Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 2.7% during the 1st quarter. StoneCrest Wealth Management Inc. now owns 69,876 shares of the company’s stock valued at $3,993,000 after buying an additional 1,857 shares during the period. Finally, Alliance Wealth Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 1.7% in the 1st quarter. Alliance Wealth Advisors LLC now owns 12,829 shares of the company’s stock worth $733,000 after acquiring an additional 220 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.3%

NYSEARCA JEPI opened at $57.03 on Friday. The stock has a market cap of $41.28 billion, a PE ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88. The business has a 50 day moving average price of $56.76 and a two-hundred day moving average price of $56.13.

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.