Beta Wealth Group Inc. Has $13.04 Million Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Beta Wealth Group Inc. lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 226,642 shares of the company’s stock after acquiring an additional 6,410 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 5.8% of Beta Wealth Group Inc.’s investment portfolio, making the stock its 2nd largest position. Beta Wealth Group Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $13,039,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Atria Wealth Solutions Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 10.3% in the 4th quarter. Atria Wealth Solutions Inc. now owns 1,261,157 shares of the company’s stock worth $72,710,000 after acquiring an additional 118,194 shares during the period. Venturi Wealth Management LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 31.1% in the fourth quarter. Venturi Wealth Management LLC now owns 21,309 shares of the company’s stock valued at $1,226,000 after purchasing an additional 5,060 shares during the last quarter. D.A. Davidson & CO. increased its stake in shares of JPMorgan Equity Premium Income ETF by 15.4% in the fourth quarter. D.A. Davidson & CO. now owns 184,278 shares of the company’s stock worth $10,602,000 after purchasing an additional 24,535 shares during the period. Truist Financial Corp lifted its position in shares of JPMorgan Equity Premium Income ETF by 16.0% during the 4th quarter. Truist Financial Corp now owns 818,500 shares of the company’s stock worth $47,088,000 after purchasing an additional 112,626 shares during the last quarter. Finally, 5T Wealth LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $1,990,000.

JPMorgan Equity Premium Income ETF Stock Down 0.2 %

Shares of NYSEARCA JEPI opened at $59.17 on Tuesday. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88. The company has a market cap of $34.72 billion, a P/E ratio of 24.40 and a beta of 0.53. The business’s 50 day moving average is $58.57 and its two-hundred day moving average is $58.77.

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.