LifeWealth Investments LLC Increases Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

LifeWealth Investments LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 62.6% during the first quarter, Holdings Channel.com reports. The firm owned 66,828 shares of the company’s stock after acquiring an additional 25,716 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 1.6% of LifeWealth Investments LLC’s holdings, making the stock its 17th largest position. LifeWealth Investments LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,819,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of JEPI. Tallon Kerry Patrick acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at $1,774,000. Capital & Planning LLC raised its stake in JPMorgan Equity Premium Income ETF by 16.3% during the 4th quarter. Capital & Planning LLC now owns 9,720 shares of the company’s stock worth $563,000 after acquiring an additional 1,360 shares in the last quarter. Brighton Jones LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $402,000. JFS Wealth Advisors LLC boosted its stake in JPMorgan Equity Premium Income ETF by 6.9% in the fourth quarter. JFS Wealth Advisors LLC now owns 6,620 shares of the company’s stock valued at $381,000 after acquiring an additional 430 shares in the last quarter. Finally, Strategic Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $397,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $55.87 on Wednesday. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The stock has a market capitalization of $39.76 billion, a P/E ratio of 24.45 and a beta of 0.60. The business’s 50-day simple moving average is $55.38 and its 200-day simple moving average is $57.13.

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.