LJI Wealth Management LLC Acquires 5,256 Shares of JPMorgan Equity Premium Income ETF $JEPI

LJI Wealth Management LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 27.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,243 shares of the company’s stock after acquiring an additional 5,256 shares during the period. LJI Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,378,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Kingstone Capital Partners Texas LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 387,324.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after acquiring an additional 401,771,477 shares during the period. JPMorgan Chase & Co. grew its position in shares of JPMorgan Equity Premium Income ETF by 35.9% during the 1st quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock valued at $1,609,887,000 after acquiring an additional 7,443,750 shares during the period. Royal Bank of Canada grew its position in shares of JPMorgan Equity Premium Income ETF by 10.5% during the 1st quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock valued at $463,927,000 after acquiring an additional 772,858 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 11.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock valued at $434,911,000 after buying an additional 774,664 shares in the last quarter. Finally, Nationwide Fund Advisors purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $396,998,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $57.46 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88. The firm’s fifty day moving average is $56.91 and its 200 day moving average is $56.20. The stock has a market cap of $41.34 billion, a price-to-earnings 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.