Legacy Wealth Managment LLC ID Acquires 24,272 Shares of JPMorgan Equity Premium Income ETF $JEPI

Legacy Wealth Managment LLC ID raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2,356.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,302 shares of the company’s stock after buying an additional 24,272 shares during the period. Legacy Wealth Managment LLC ID’s holdings in JPMorgan Equity Premium Income ETF were worth $1,429,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in JEPI. Rice Partnership LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 124.5% in the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after purchasing an additional 249 shares in the last quarter. Providence Capital Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $26,000. Advocate Investing Services LLC bought a new stake in JPMorgan Equity Premium Income ETF during the first quarter valued at about $28,000. Monetary Solutions Ltd bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter valued at about $30,000. Finally, BTG Pactual Asset Management US LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter worth about $31,000.

JPMorgan Equity Premium Income ETF Stock Up 0.4%

Shares of JEPI opened at $57.43 on Friday. The business has a 50-day simple moving average of $57.19 and a two-hundred day simple moving average of $57.07. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The stock has a market cap of $45.81 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53.

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