Wealthspire Advisors LLC Increases Stake in JPMorgan Equity Premium Income ETF $JEPI

Wealthspire Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 342.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 32,201 shares of the company’s stock after buying an additional 24,928 shares during the period. Wealthspire Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,831,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth $402,000. Efficient Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth about $462,000. Venturi Wealth Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 10.9% in the first quarter. Venturi Wealth Management LLC now owns 23,630 shares of the company’s stock valued at $1,350,000 after purchasing an additional 2,321 shares during the last quarter. BG Investment Services Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 20.6% during the 1st quarter. BG Investment Services Inc. now owns 32,608 shares of the company’s stock worth $1,863,000 after buying an additional 5,574 shares during the last quarter. Finally, Pinnacle Associates Ltd. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 7.5% in the 1st quarter. Pinnacle Associates Ltd. now owns 678,566 shares of the company’s stock valued at $38,773,000 after buying an additional 47,310 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $56.32 on Thursday. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $60.88. The firm has a market capitalization of $40.31 billion, a P/E ratio of 23.93 and a beta of 0.60. The company’s fifty day moving average price is $56.85 and its 200 day moving average price is $56.57.

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.