Activest Wealth Management Increases Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Activest Wealth Management raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 17.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,766 shares of the company’s stock after buying an additional 1,879 shares during the quarter. Activest Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $734,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. AQR Capital Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth about $295,000. Alpha Financial Partners LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 45.5% in the 3rd quarter. Alpha Financial Partners LLC now owns 59,653 shares of the company’s stock valued at $3,550,000 after buying an additional 18,662 shares during the period. Valeo Financial Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $229,000. Brown Miller Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at approximately $599,000. Finally, Montis Financial LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 67.0% in the third quarter. Montis Financial LLC now owns 93,870 shares of the company’s stock valued at $5,586,000 after acquiring an additional 37,650 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.79 on Monday. The stock has a 50 day moving average of $58.68 and a 200 day moving average of $58.67. The firm has a market capitalization of $34.50 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week 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.