White Wing Wealth Management grew its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 509.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 39,435 shares of the company’s stock after acquiring an additional 32,966 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 1.2% of White Wing Wealth Management’s holdings, making the stock its 13th biggest holding. White Wing Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $2,227,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Teamwork Financial Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 1.1% during the 2nd quarter. Teamwork Financial Advisors LLC now owns 69,767 shares of the company’s stock valued at $3,940,000 after buying an additional 788 shares in the last quarter. Sonoma Allocations LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter worth approximately $432,000. TrueWealth Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 1.7% during the second quarter. TrueWealth Advisors LLC now owns 48,515 shares of the company’s stock valued at $2,740,000 after acquiring an additional 791 shares during the last quarter. LifeGoal Investments LLC bought a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $331,000. Finally, Cooper Financial Group raised its stake in shares of JPMorgan Equity Premium Income ETF by 6.1% during the second quarter. Cooper Financial Group now owns 362,108 shares of the company’s stock worth $20,452,000 after acquiring an additional 20,689 shares in the last quarter.
JPMorgan Equity Premium Income ETF Stock Performance
Shares of JEPI opened at $57.58 on Friday. The firm has a market cap of $45.92 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90. The firm has a 50 day moving average price of $56.46 and a 200-day moving average price of $57.19.
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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.
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