Mattern Wealth Management LLC Grows Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Mattern Wealth Management LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,072 shares of the company’s stock after purchasing an additional 174 shares during the quarter. Mattern Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $480,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in JEPI. Cetera Investment Advisers grew its holdings in JPMorgan Equity Premium Income ETF by 406.2% in the 1st quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after buying an additional 3,318,702 shares during the period. Strategic Financial Concepts LLC increased its position in JPMorgan Equity Premium Income ETF by 6,254.5% during the second quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock worth $595,000 after purchasing an additional 1,032,746 shares during the last quarter. JPMorgan Chase & Co. raised its stake in JPMorgan Equity Premium Income ETF by 3.8% during the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock worth $1,274,807,000 after purchasing an additional 815,598 shares during the period. First Foundation Advisors boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 91.9% in the 1st quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock valued at $69,611,000 after purchasing an additional 576,068 shares during the last quarter. Finally, RiverFront Investment Group LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 25.3% during the 1st quarter. RiverFront Investment Group LLC now owns 2,839,375 shares of the company’s stock valued at $164,286,000 after buying an additional 573,494 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.2 %

Shares of JEPI stock traded down $0.12 on Tuesday, reaching $59.53. 1,196,084 shares of the stock were exchanged, compared to its average volume of 3,133,202. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $59.97. The stock has a market cap of $34.93 billion, a P/E ratio of 24.40 and a beta of 0.53. The firm has a 50 day moving average of $58.70 and a two-hundred day moving average of $57.29.

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.