Hedeker Wealth LLC Buys 19,771 Shares of JPMorgan Equity Premium Income ETF $JEPI

Hedeker Wealth LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 194,105 shares of the company’s stock after purchasing an additional 19,771 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 2.6% of Hedeker Wealth LLC’s holdings, making the stock its 8th biggest position. Hedeker Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $11,035,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of JEPI. Kingstone Capital Partners Texas LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 387,324.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after buying an additional 401,771,477 shares during the period. JPMorgan Chase & Co. raised its holdings in JPMorgan Equity Premium Income ETF by 35.9% in the 1st quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock valued at $1,609,887,000 after acquiring an additional 7,443,750 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 17.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock worth $508,201,000 after acquiring an additional 1,327,996 shares during the period. Royal Bank of Canada grew its holdings in shares of JPMorgan Equity Premium Income ETF by 10.5% during the 1st quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock worth $463,927,000 after purchasing an additional 772,858 shares in the last quarter. Finally, Nationwide Fund Advisors bought a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $396,998,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $56.74 on Friday. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The stock has a fifty day moving average price of $56.88 and a 200 day moving average price of $56.56. The stock has a market cap of $40.61 billion, a P/E ratio of 23.93 and a beta of 0.60.

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.