Marion Wealth Management Has $1.02 Million Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Marion Wealth Management decreased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.7% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 18,013 shares of the company’s stock after selling 1,294 shares during the quarter. Marion Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $1,024,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Bridgewater Advisors Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth $225,000. Bank of New York Mellon Corp lifted its stake in shares of JPMorgan Equity Premium Income ETF by 191.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,708,349 shares of the company’s stock valued at $97,120,000 after purchasing an additional 1,122,256 shares during the period. Wellington Shields Capital Management LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 4.1% in the 2nd quarter. Wellington Shields Capital Management LLC now owns 12,925 shares of the company’s stock valued at $735,000 after purchasing an additional 505 shares during the period. BCGM Wealth Management LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 3.5% in the 2nd quarter. BCGM Wealth Management LLC now owns 24,929 shares of the company’s stock valued at $1,417,000 after purchasing an additional 845 shares during the period. Finally, Verity Asset Management Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 2.1% in the 2nd quarter. Verity Asset Management Inc. now owns 136,417 shares of the company’s stock valued at $7,756,000 after purchasing an additional 2,782 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.9%

JEPI stock opened at $56.39 on Tuesday. The business’s fifty day moving average is $56.93 and its 200-day moving average is $56.42. The company has a market cap of $40.37 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88.

JPMorgan Equity Premium Income ETF Company 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.