Purus Wealth Management LLC Acquires 18,618 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Purus Wealth Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 68.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 45,984 shares of the company’s stock after purchasing an additional 18,618 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 1.0% of Purus Wealth Management LLC’s holdings, making the stock its 24th biggest position. Purus Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,645,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Salomon & Ludwin LLC bought a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $25,000. Running Point Capital Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after acquiring an additional 362 shares in the last quarter. Brown Lisle Cummings Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares during the period. Pathway Financial Advisers LLC bought a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $49,000. Finally, Abound Wealth Management raised its stake in shares of JPMorgan Equity Premium Income ETF by 1,320.8% in the 4th quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock valued at $63,000 after purchasing an additional 1,017 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.50 on Monday. The firm has a market cap of $34.33 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The stock’s 50-day moving average is $59.02 and its 200-day moving average is $58.44. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88.

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.