Integrity Wealth Partners LLC Purchases Shares of 164,789 JPMorgan Equity Premium Income ETF $JEPI

Integrity Wealth Partners LLC acquired a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 164,789 shares of the company’s stock, valued at approximately $9,340,000. JPMorgan Equity Premium Income ETF accounts for approximately 8.4% of Integrity Wealth Partners LLC’s portfolio, making the stock its biggest position.

A number of other hedge funds also recently modified their holdings of JEPI. Rice Partnership LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 124.5% in the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after purchasing an additional 249 shares in the last quarter. Providence Capital Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth $26,000. FNY Investment Advisers LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth $28,000. Advocate Investing Services LLC bought a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter valued at $28,000. Finally, EQ Wealth Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $29,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $56.71 on Friday. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90. The stock has a market cap of $44.90 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. The firm has a fifty day moving average of $56.20 and a 200-day moving average of $57.35.

JPMorgan Equity Premium Income ETF 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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.