Integrated Wealth Concepts LLC Has $31.40 Million Holdings in JPMorgan Equity Premium Income ETF $JEPI

Integrated Wealth Concepts LLC boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 555,924 shares of the company’s stock after acquiring an additional 21,623 shares during the quarter. Integrated Wealth Concepts LLC owned 0.07% of JPMorgan Equity Premium Income ETF worth $31,399,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of JEPI. Brighton Jones LLC purchased a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth $402,000. AQR Capital Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 28.1% in the first quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock valued at $4,845,000 after purchasing an additional 18,619 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at about $847,000. Schnieders Capital Management LLC. bought a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at about $3,093,000. Finally, First Trust Advisors LP purchased a new position in JPMorgan Equity Premium Income ETF during the second quarter worth about $529,000.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $56.87 on Wednesday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90. The firm’s 50-day simple moving average is $57.24 and its 200 day simple moving average is $57.02. The stock has a market cap of $45.36 billion, a PE ratio of 23.93 and a beta of 0.53.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.