Acorns Advisers LLC Purchases 3,125 Shares of JPMorgan Equity Premium Income ETF $JEPI

Acorns Advisers LLC grew its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 24.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 16,138 shares of the company’s stock after acquiring an additional 3,125 shares during the quarter. Acorns Advisers LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $922,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also bought and sold shares of the business. Blue Rock Wealth Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 20.4% in the 1st quarter. Blue Rock Wealth Management LLC now owns 46,332 shares of the company’s stock worth $2,647,000 after buying an additional 7,856 shares in the last quarter. Fortis Capital Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 16.3% in the first quarter. Fortis Capital Advisors LLC now owns 7,937 shares of the company’s stock worth $454,000 after purchasing an additional 1,111 shares during the last quarter. Belpointe Asset Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 54.1% during the first quarter. Belpointe Asset Management LLC now owns 160,708 shares of the company’s stock valued at $9,183,000 after acquiring an additional 56,399 shares in the last quarter. Focus Partners Wealth raised its stake in shares of JPMorgan Equity Premium Income ETF by 29.6% during the first quarter. Focus Partners Wealth now owns 730,813 shares of the company’s stock valued at $41,759,000 after acquiring an additional 166,851 shares in the last quarter. Finally, Integrity Alliance LLC. bought a new position in JPMorgan Equity Premium Income ETF in the first quarter worth approximately $3,874,000.

JPMorgan Equity Premium Income ETF Stock Down 0.1%

Shares of NYSEARCA:JEPI opened at $56.75 on Wednesday. The company has a market capitalization of $40.95 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $60.88. The firm has a 50 day moving average of $56.77 and a 200 day moving average of $56.26.

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.