Ring Mountain Capital LLC increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 24.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 40,210 shares of the company’s stock after buying an additional 7,976 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 1.4% of Ring Mountain Capital LLC’s portfolio, making the stock its 17th largest position. Ring Mountain Capital LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,291,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. Bartlett & CO. Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $25,000. GHP Investment Advisors Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $25,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter valued at approximately $29,000. Millstone Evans Group LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter valued at approximately $29,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at approximately $32,000.
JPMorgan Equity Premium Income ETF Price Performance
Shares of NYSEARCA JEPI opened at $56.39 on Wednesday. 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 $56.91 and a two-hundred day moving average price of $56.44. The firm has a market cap of $40.37 billion, a PE ratio of 23.93 and a beta of 0.60.
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.
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