Etesian Wealth Advisors Inc. Boosts Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Etesian Wealth Advisors Inc. grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 39.7% in the second quarter, Holdings Channel reports. The institutional investor owned 34,867 shares of the company’s stock after acquiring an additional 9,914 shares during the quarter. Etesian Wealth Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,982,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mather Group LLC. purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $25,000. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $25,000. Millstone Evans Group LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth approximately $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth approximately $29,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth approximately $32,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $56.75 on Friday. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The stock has a market capitalization of $41.08 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62. The stock has a 50 day moving average price of $56.76 and a 200 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.