LifeGoal Wealth Advisors Invests $215,000 in JPMorgan Equity Premium Income ETF $JEPI

LifeGoal Wealth Advisors purchased a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 3,795 shares of the company’s stock, valued at approximately $215,000.

A number of other institutional investors have also recently made changes to their positions in JEPI. Kingstone Capital Partners Texas LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 387,324.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after acquiring an additional 401,771,477 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 35.9% in the first quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock worth $1,609,887,000 after acquiring an additional 7,443,750 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 14.9% in the first quarter. Raymond James Financial Inc. now owns 6,435,593 shares of the company’s stock worth $367,730,000 after acquiring an additional 833,285 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 18.9% in the first quarter. Commonwealth Equity Services LLC now owns 4,903,295 shares of the company’s stock worth $280,174,000 after acquiring an additional 778,433 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 11.3% in the first quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock worth $434,911,000 after acquiring an additional 774,664 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $56.96 on Tuesday. The stock’s fifty day moving average is $56.78 and its two-hundred day moving average is $56.14. The firm has a market capitalization of $41.11 billion, a P/E ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88.

JPMorgan Equity Premium Income ETF Company 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.