Lakeridge Wealth Management LLC Boosts Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Lakeridge Wealth Management LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,850 shares of the company’s stock after purchasing an additional 206 shares during the quarter. Lakeridge Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $452,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of JEPI. Clarity Wealth Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 0.7% during the 4th quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after acquiring an additional 401 shares in the last quarter. Tandem Financial LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $757,000. Citigroup Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 51.8% in the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after purchasing an additional 50,459 shares during the period. Accurate Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $215,000. Finally, Whittier Trust Co. purchased a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $108,000.

JPMorgan Equity Premium Income ETF Stock Down 0.2 %

JPMorgan Equity Premium Income ETF stock opened at $59.17 on Friday. The company’s 50 day moving average is $58.58 and its two-hundred day moving average is $58.74. The firm has a market cap of $34.72 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88.

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.