JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by Merkkuri Wealth Advisors LLC

Merkkuri Wealth Advisors LLC raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 72,021 shares of the company’s stock after acquiring an additional 5,789 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 3.3% of Merkkuri Wealth Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. Merkkuri Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,143,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of JEPI. Bank of Montreal Can increased its stake in JPMorgan Equity Premium Income ETF by 8.8% in the second quarter. Bank of Montreal Can now owns 41,865 shares of the company’s stock valued at $2,382,000 after purchasing an additional 3,374 shares in the last quarter. AQR Capital Management LLC bought a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $295,000. Beaird Harris Wealth Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 293.0% in the second quarter. Beaird Harris Wealth Management LLC now owns 2,594 shares of the company’s stock worth $147,000 after acquiring an additional 1,934 shares in the last quarter. Horizon Advisory Services Inc. grew its stake in JPMorgan Equity Premium Income ETF by 0.5% in the second 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 period. Finally, Sepio Capital LP increased its holdings in shares of JPMorgan Equity Premium Income ETF by 2.4% during the second quarter. Sepio Capital LP now owns 18,888 shares of the company’s stock valued at $1,071,000 after acquiring an additional 438 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

Shares of JEPI opened at $59.10 on Friday. The business’s fifty day moving average is $58.93 and its 200 day moving average is $58.52. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The stock has a market cap of $34.68 billion, a P/E 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.