Marcum Wealth LLC Raises Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Marcum Wealth LLC raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,677 shares of the company’s stock after buying an additional 607 shares during the quarter. Marcum Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $729,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Salomon & Ludwin LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $25,000. Running Point Capital Advisors LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after acquiring an additional 362 shares during the last quarter. Brown Lisle Cummings Inc. grew its position in JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares during the period. Pathway Financial Advisers LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter worth $49,000. Finally, Abound Wealth Management increased its position in shares of JPMorgan Equity Premium Income ETF by 1,320.8% during the 4th quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock valued at $63,000 after purchasing an additional 1,017 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $57.27 on Tuesday. The business has a fifty day moving average price of $59.13 and a 200-day moving average price of $58.39. JPMorgan Equity Premium Income ETF has a one year low of $54.72 and a one year high of $60.88. The firm has a market capitalization of $33.61 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.