Mission Wealth Management LP Boosts Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Mission Wealth Management LP increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 24,218 shares of the company’s stock after purchasing an additional 1,006 shares during the period. Mission Wealth Management LP’s holdings in JPMorgan Equity Premium Income ETF were worth $1,393,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 18.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after buying an additional 3,536,406 shares during the last quarter. Strategic Financial Concepts LLC increased its stake in JPMorgan Equity Premium Income ETF by 4,498.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock worth $74,890,000 after acquiring an additional 1,273,452 shares during the last quarter. Eaton Financial Holdings Company LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $51,202,000. World Investment Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 748.5% in the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after purchasing an additional 711,094 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 28.0% in the 3rd quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock worth $113,083,000 after purchasing an additional 416,013 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $58.69 on Tuesday. The company has a market cap of $39.23 billion, a P/E ratio of 25.75 and a beta of 0.61. The business’s 50 day moving average price is $58.65 and its 200-day moving average price is $58.97. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two 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.