StoneCrest Wealth Management Inc. Increases Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

StoneCrest Wealth Management Inc. raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 68,019 shares of the company’s stock after acquiring an additional 3,732 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 2.6% of StoneCrest Wealth Management Inc.’s investment portfolio, making the stock its 17th largest position. StoneCrest Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,913,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Heritage Wealth Management Inc. purchased a new position in JPMorgan Equity Premium Income ETF during the second quarter worth approximately $978,000. Citigroup Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 51.8% in the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after acquiring an additional 50,459 shares during the last quarter. Summit Wealth Partners LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock worth $4,360,000 after acquiring an additional 957 shares during the period. Horizon Advisory Services Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 0.5% during the 2nd quarter. Horizon Advisory Services Inc. now owns 472,229 shares of the company’s stock valued at $26,766,000 after acquiring an additional 2,158 shares during the last quarter. Finally, Brown Financial Advisors purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $3,263,000.

JPMorgan Equity Premium Income ETF Trading Up 0.4 %

JPMorgan Equity Premium Income ETF stock opened at $58.25 on Friday. The company has a 50-day moving average price of $59.05 and a 200 day moving average price of $58.39. JPMorgan Equity Premium Income ETF has a 12-month low of $54.72 and a 12-month high of $60.88. The stock has a market cap of $34.18 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.