Fountainhead AM LLC Has $785,000 Stake in JPMorgan Equity Premium Income ETF $JEPI

Fountainhead AM LLC lowered its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 30.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,817 shares of the company’s stock after selling 6,162 shares during the quarter. Fountainhead AM LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $785,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of JEPI. Mattern Wealth Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 1.8% in the second quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock valued at $573,000 after purchasing an additional 178 shares in the last quarter. Highline Wealth Partners LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 13.5% during the 2nd quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock worth $86,000 after purchasing an additional 180 shares in the last quarter. Solutions 4 Wealth Ltd grew its stake in shares of JPMorgan Equity Premium Income ETF by 1.2% in the 1st quarter. Solutions 4 Wealth Ltd now owns 15,441 shares of the company’s stock valued at $882,000 after buying an additional 183 shares during the period. First Horizon Advisors Inc. increased its position in JPMorgan Equity Premium Income ETF by 9.0% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,221 shares of the company’s stock valued at $126,000 after buying an additional 183 shares in the last quarter. Finally, SimpliFi Inc. raised its stake in JPMorgan Equity Premium Income ETF by 2.6% during the 2nd quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock worth $418,000 after buying an additional 186 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $56.45 on Monday. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88. The business’s 50 day simple moving average is $56.87 and its two-hundred day simple moving average is $56.50. The firm has a market cap of $40.41 billion, a P/E ratio of 23.93 and a beta of 0.60.

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.