Canvas Wealth Advisors LLC Grows Position in JPMorgan Equity Premium Income ETF $JEPI

Canvas Wealth Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 20.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,472 shares of the company’s stock after purchasing an additional 1,415 shares during the period. Canvas Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $484,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Mattern Wealth Management LLC lifted its position in JPMorgan Equity Premium Income ETF by 1.8% during the second quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock valued at $573,000 after purchasing an additional 178 shares in the last quarter. Highline Wealth Partners LLC lifted its position in JPMorgan Equity Premium Income ETF by 13.5% during the second quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock valued at $86,000 after purchasing an additional 180 shares in the last quarter. Solutions 4 Wealth Ltd lifted its position in shares of JPMorgan Equity Premium Income ETF by 1.2% in the first quarter. Solutions 4 Wealth Ltd now owns 15,441 shares of the company’s stock valued at $882,000 after acquiring an additional 183 shares in the last quarter. SimpliFi Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 2.6% in the second quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock valued at $418,000 after acquiring an additional 186 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 4.0% in the first quarter. Summit Wealth & Retirement Planning Inc. now owns 4,900 shares of the company’s stock valued at $280,000 after acquiring an additional 190 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.6%

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.86 on Monday. The stock’s 50-day simple moving average is $56.84 and its 200-day simple moving average is $56.10. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $60.88. The company has a market capitalization of $41.02 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62.

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.