JPMorgan Equity Premium Income ETF $JEPI Position Boosted by Prentice Wealth Management LLC

Prentice Wealth Management LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 43.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 227,399 shares of the company’s stock after purchasing an additional 69,060 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 3.4% of Prentice Wealth Management LLC’s holdings, making the stock its 6th largest holding. Prentice Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $12,928,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Mather Group LLC. purchased a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter worth $25,000. Bartlett & CO. Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth $25,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth about $29,000. Millstone Evans Group LLC purchased a new position in JPMorgan Equity Premium Income ETF in the first quarter valued at about $29,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at about $32,000.

JPMorgan Equity Premium Income ETF Stock Up 0.3%

JEPI stock opened at $57.46 on Friday. The stock’s 50 day moving average is $56.91 and its two-hundred day moving average is $56.20. 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 $41.34 billion, a PE ratio of 23.93 and a beta of 0.62.

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.