Stratos Investment Management LLC Increases Holdings in JPMorgan Equity Premium Income ETF $JEPI

Stratos Investment Management LLC increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 17.8% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 524,030 shares of the company’s stock after purchasing an additional 79,063 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 1.4% of Stratos Investment Management LLC’s holdings, making the stock its 19th largest position. Stratos Investment Management LLC owned 0.07% of JPMorgan Equity Premium Income ETF worth $29,791,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in JEPI. Mattern Wealth Management LLC lifted its stake in JPMorgan Equity Premium Income ETF by 1.8% during the second quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock worth $573,000 after purchasing an additional 178 shares during the last quarter. Highline Wealth Partners LLC lifted its stake in JPMorgan Equity Premium Income ETF by 13.5% during the second quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock worth $86,000 after purchasing an additional 180 shares during the last quarter. Solutions 4 Wealth Ltd lifted its stake in JPMorgan Equity Premium Income ETF by 1.2% during the first quarter. Solutions 4 Wealth Ltd now owns 15,441 shares of the company’s stock worth $882,000 after purchasing an additional 183 shares during the last quarter. SimpliFi Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 2.6% during the second quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock worth $418,000 after purchasing an additional 186 shares during the last quarter. Finally, Summit Wealth & Retirement Planning Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 4.0% during the first quarter. Summit Wealth & Retirement Planning Inc. now owns 4,900 shares of the company’s stock worth $280,000 after purchasing an additional 190 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.6%

Shares of JEPI stock opened at $56.51 on Friday. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $60.88. The business has a 50-day moving average price of $56.82 and a two-hundred day moving average price of $56.10. The firm has a market cap of $40.80 billion, a P/E ratio of 23.93 and a beta of 0.62.

JPMorgan Equity Premium Income ETF 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.