KFA Private Wealth Group LLC Purchases 3,700 Shares of JPMorgan Equity Premium Income ETF $JEPI

KFA Private Wealth Group LLC boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 52.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,814 shares of the company’s stock after purchasing an additional 3,700 shares during the period. KFA Private Wealth Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $615,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Williams & Novak LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 15.3% during the second quarter. Williams & Novak LLC now owns 22,033 shares of the company’s stock valued at $1,253,000 after buying an additional 2,925 shares during the last quarter. Eastern Bank grew its position in JPMorgan Equity Premium Income ETF by 16.0% in the 2nd quarter. Eastern Bank now owns 136,050 shares of the company’s stock valued at $7,734,000 after acquiring an additional 18,745 shares during the last quarter. Croban bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $2,072,000. PDS Planning Inc grew its position in JPMorgan Equity Premium Income ETF by 1.8% in the 2nd quarter. PDS Planning Inc now owns 30,243 shares of the company’s stock valued at $1,719,000 after acquiring an additional 540 shares during the last quarter. Finally, Cascade Investment Group Inc. grew its position in JPMorgan Equity Premium Income ETF by 0.9% in the 2nd quarter. Cascade Investment Group Inc. now owns 31,003 shares of the company’s stock valued at $1,763,000 after acquiring an additional 291 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 1.3%

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.00 on Friday. The stock’s fifty day moving average is $56.77 and its two-hundred day moving average is $56.12. The company has a market capitalization of $40.53 billion, a PE ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $60.88.

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.