MFG Wealth Management Inc. Acquires 390 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

MFG Wealth Management Inc. lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,954 shares of the company’s stock after buying an additional 390 shares during the period. MFG Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $340,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Potentia Wealth purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $447,000. Florida Financial Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 54.3% in the fourth quarter. Florida Financial Advisors LLC now owns 7,014 shares of the company’s stock valued at $404,000 after acquiring an additional 2,468 shares during the period. Ritholtz Wealth Management lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.5% in the 1st quarter. Ritholtz Wealth Management now owns 7,827 shares of the company’s stock worth $447,000 after acquiring an additional 192 shares during the last quarter. US Bancorp DE boosted its stake in shares of JPMorgan Equity Premium Income ETF by 28.0% during the 4th quarter. US Bancorp DE now owns 28,673 shares of the company’s stock worth $1,650,000 after purchasing an additional 6,273 shares during the period. Finally, O Shaughnessy Asset Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 15.8% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 3,439 shares of the company’s stock valued at $198,000 after purchasing an additional 470 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $56.36 on Thursday. The company has a fifty day moving average of $55.61 and a 200 day moving average of $56.99. The company has a market capitalization of $40.49 billion, a PE ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88.

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.