JPMorgan Equity Premium Income ETF $JEPI Shares Acquired by Wealthfront Advisers LLC

Wealthfront Advisers LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.3% in the 2nd quarter, Holdings Channel reports. The firm owned 179,334 shares of the company’s stock after buying an additional 9,096 shares during the period. Wealthfront Advisers LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,195,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in JEPI. Mather Group LLC. acquired a new stake in JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $25,000. Bartlett & CO. Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $25,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $29,000. Millstone Evans Group LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $29,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $32,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $57.46 on Monday. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88. The company’s 50 day simple moving average is $56.93 and its 200-day simple moving average is $56.28. The firm has a market capitalization of $41.21 billion, a P/E ratio of 23.93 and a beta of 0.62.

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.