KFG Wealth Management LLC Has $6.08 Million Stake in JPMorgan Equity Premium Income ETF $JEPI

KFG Wealth Management LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 107,243 shares of the company’s stock after buying an additional 17,558 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 0.8% of KFG Wealth Management LLC’s investment portfolio, making the stock its 23rd biggest holding. KFG Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,079,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Rice Partnership LLC grew its holdings in JPMorgan Equity Premium Income ETF by 124.5% during the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after acquiring an additional 249 shares during the period. Providence Capital Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $26,000. FNY Investment Advisers LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at $28,000. EQ Wealth Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth $29,000. Finally, Monetary Solutions Ltd bought a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth $30,000.

JPMorgan Equity Premium Income ETF Stock Up 0.4%

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.06 on Thursday. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90. The business has a fifty day simple moving average of $56.37 and a 200 day simple moving average of $57.40. The stock has a market cap of $44.42 billion, a PE ratio of 23.93 and a beta of 0.54.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.