Ritholtz Wealth Management Invests $835,000 in JPMorgan Equity Premium Income ETF $JEPI

Ritholtz Wealth Management acquired a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,579 shares of the company’s stock, valued at approximately $835,000.

Several other large investors also recently modified their holdings of the company. Madrona Financial Services LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 1.7% during the fourth quarter. Madrona Financial Services LLC now owns 82,493 shares of the company’s stock worth $4,722,000 after buying an additional 1,375 shares during the period. Venturi Wealth Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 24.3% during the fourth quarter. Venturi Wealth Management LLC now owns 7,201 shares of the company’s stock worth $412,000 after buying an additional 1,407 shares during the period. Apollon Financial LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 36.9% during the fourth quarter. Apollon Financial LLC now owns 14,797 shares of the company’s stock worth $847,000 after buying an additional 3,992 shares during the period. Spirepoint Private Client LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 27.0% during the fourth quarter. Spirepoint Private Client LLC now owns 123,180 shares of the company’s stock worth $7,051,000 after buying an additional 26,196 shares during the period. Finally, Curran Financial Partners LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 8.6% during the fourth quarter. Curran Financial Partners LLC now owns 369,666 shares of the company’s stock worth $21,160,000 after buying an additional 29,396 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.4%

JEPI opened at $57.61 on Thursday. JPMorgan Equity Premium Income ETF has a twelve month low of $52.16 and a twelve month high of $59.90. The company has a fifty day moving average of $57.95 and a 200-day moving average of $57.60. The stock has a market cap of $44.97 billion, a PE ratio of 23.93 and a beta of 0.58.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.