Signal Advisors Wealth LLC Has $1.98 Million Stake in JPMorgan Equity Premium Income ETF $JEPI

Signal Advisors Wealth LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 38.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 34,575 shares of the company’s stock after purchasing an additional 9,574 shares during the quarter. Signal Advisors Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,979,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Clarity Asset Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $25,000. Asset Dedication LLC bought a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at about $28,000. BTG Pactual Asset Management US LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $31,000. Logan Capital Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at approximately $33,000. Finally, VSM Wealth Advisory LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 84.1% in the 3rd quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock worth $34,000 after acquiring an additional 269 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.3%

Shares of NYSEARCA:JEPI opened at $56.73 on Thursday. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $59.90. The firm has a market capitalization of $41.81 billion, a PE ratio of 23.93 and a beta of 0.60. The business’s 50 day moving average is $58.41 and its 200-day moving average is $57.60.

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