Cetera Trust Company N.A Invests $57,000 in JPMorgan Equity Premium Income ETF $JEPI

Cetera Trust Company N.A purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,000 shares of the company’s stock, valued at approximately $57,000.

Several other large investors have also recently added to or reduced their stakes in JEPI. Mattern Wealth Management LLC increased its position in JPMorgan Equity Premium Income ETF by 1.8% during the 2nd quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock worth $573,000 after purchasing an additional 178 shares during the period. Highline Wealth Partners LLC grew its holdings in JPMorgan Equity Premium Income ETF by 13.5% during the second quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock worth $86,000 after acquiring an additional 180 shares during the period. Solutions 4 Wealth Ltd raised its position in JPMorgan Equity Premium Income ETF by 1.2% in the first quarter. Solutions 4 Wealth Ltd now owns 15,441 shares of the company’s stock worth $882,000 after acquiring an additional 183 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 9.0% in the second quarter. First Horizon Advisors Inc. now owns 2,221 shares of the company’s stock valued at $126,000 after acquiring an additional 183 shares during the period. Finally, SimpliFi Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.6% during the 2nd quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock worth $418,000 after purchasing an additional 186 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.4%

NYSEARCA:JEPI opened at $56.25 on Friday. The firm’s fifty day simple moving average is $56.88 and its 200-day simple moving average is $56.44. The stock has a market cap of $40.26 billion, a PE ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 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.