Stratos Wealth Partners LTD. Boosts Stake in JPMorgan Equity Premium Income ETF $JEPI

Stratos Wealth Partners LTD. lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 77.2% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 88,374 shares of the company’s stock after buying an additional 38,507 shares during the period. Stratos Wealth Partners LTD.’s holdings in JPMorgan Equity Premium Income ETF were worth $5,024,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Koa Wealth Management LLC boosted its position in JPMorgan Equity Premium Income ETF by 5.8% in the second quarter. Koa Wealth Management LLC now owns 4,551 shares of the company’s stock worth $259,000 after purchasing an additional 249 shares during the last quarter. Riverbend Wealth Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 22.5% during the 2nd quarter. Riverbend Wealth Management LLC now owns 40,812 shares of the company’s stock worth $2,320,000 after purchasing an additional 7,509 shares during the period. Stratos Investment Management LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 17.8% in the 2nd quarter. Stratos Investment Management LLC now owns 524,030 shares of the company’s stock worth $29,791,000 after buying an additional 79,063 shares during the last quarter. Harbor Asset Planning Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $787,000. Finally, Latitude Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 17.7% during the second quarter. Latitude Advisors LLC now owns 14,311 shares of the company’s stock valued at $814,000 after buying an additional 2,151 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $56.86 on Friday. The firm has a market cap of $41.02 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $60.88. The firm’s 50-day simple moving average is $56.84 and its two-hundred day simple moving average is $56.10.

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.