JPMorgan Equity Premium Income ETF $JEPI Stock Acquired by LongView Wealth Management

LongView Wealth Management increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 78,654 shares of the company’s stock after purchasing an additional 9,522 shares during the period. JPMorgan Equity Premium Income ETF makes up 1.1% of LongView Wealth Management’s holdings, making the stock its 21st largest position. LongView Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $4,422,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in JEPI. Legacy Private Trust Co. acquired a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $2,602,000. Private Client Services LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $3,694,000. Community Financial Services Group LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $6,319,000. Studio Investment Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 194.0% in the second quarter. Studio Investment Management LLC now owns 54,050 shares of the company’s stock valued at $3,053,000 after purchasing an additional 35,668 shares during the last quarter. Finally, Tucker Asset Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 42.1% in the second quarter. Tucker Asset Management LLC now owns 34,008 shares of the company’s stock worth $1,921,000 after purchasing an additional 10,075 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

JEPI traded up $0.07 during trading hours on Monday, hitting $57.10. 2,446,472 shares of the company’s stock were exchanged, compared to its average volume of 5,122,993. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90. The stock’s 50-day moving average is $57.03 and its two-hundred day moving average is $56.75. The stock has a market cap of $45.82 billion, a price-to-earnings 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.