Confluence Wealth Services Inc. Purchases 87,285 Shares of JPMorgan Equity Premium Income ETF $JEPI

Confluence Wealth Services Inc. increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,854,052 shares of the company’s stock after acquiring an additional 87,285 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 5.8% of Confluence Wealth Services Inc.’s investment portfolio, making the stock its 4th biggest holding. Confluence Wealth Services Inc. owned about 0.26% of JPMorgan Equity Premium Income ETF worth $105,403,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Brighton Jones LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $402,000. Orrstown Financial Services Inc. raised its stake in JPMorgan Equity Premium Income ETF by 90.9% during the 1st quarter. Orrstown Financial Services Inc. now owns 362,650 shares of the company’s stock worth $20,722,000 after buying an additional 172,656 shares during the period. LexAurum Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 32.4% during the first quarter. LexAurum Advisors LLC now owns 43,150 shares of the company’s stock worth $2,466,000 after acquiring an additional 10,568 shares in the last quarter. Patriot Financial Group Insurance Agency LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 1.6% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 160,189 shares of the company’s stock worth $8,951,000 after acquiring an additional 2,528 shares in the last quarter. Finally, RDA Financial Network grew its stake in JPMorgan Equity Premium Income ETF by 2.9% in the first quarter. RDA Financial Network now owns 69,781 shares of the company’s stock valued at $3,987,000 after acquiring an additional 1,938 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

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

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.