White Wing Wealth Management Grows Stake in JPMorgan Equity Premium Income ETF $JEPI

White Wing Wealth Management lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 509.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 39,435 shares of the company’s stock after purchasing an additional 32,966 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 1.2% of White Wing Wealth Management’s portfolio, making the stock its 13th largest holding. White Wing Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $2,227,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Brighton Jones LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $402,000. AQR Capital Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 28.1% in the first quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after purchasing an additional 18,619 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth approximately $847,000. Schnieders Capital Management LLC. purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $3,093,000. Finally, First Trust Advisors LP purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $529,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.58 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The firm has a market cap of $45.92 billion, a PE ratio of 23.93 and a beta of 0.53. The company has a 50 day simple moving average of $56.46 and a two-hundred day simple moving average of $57.19.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.