3,945 Shares in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Acquired by Napa Wealth Management

Napa Wealth Management bought a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,945 shares of the company’s stock, valued at approximately $235,000.

Several other institutional investors have also recently made changes to their positions in JEPI. Raymond James & Associates raised its holdings in shares of JPMorgan Equity Premium Income ETF by 22.2% in the 2nd quarter. Raymond James & Associates now owns 2,421,638 shares of the company’s stock valued at $137,258,000 after purchasing an additional 439,155 shares in the last quarter. Marshall Financial Group LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 132.0% during the second quarter. Marshall Financial Group LLC now owns 110,766 shares of the company’s stock worth $6,278,000 after buying an additional 63,018 shares during the period. Sequoia Financial Advisors LLC boosted its position in JPMorgan Equity Premium Income ETF by 39.5% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 15,980 shares of the company’s stock valued at $906,000 after acquiring an additional 4,524 shares in the last quarter. Heritage Wealth Management Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $978,000. Finally, Summit Wealth Partners LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 1.3% in the 2nd quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock worth $4,360,000 after acquiring an additional 957 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $59.43 on Tuesday. The business has a fifty day moving average price of $59.26 and a 200 day moving average price of $57.74. JPMorgan Equity Premium Income ETF has a 1-year low of $54.20 and a 1-year high of $60.20. The stock has a market capitalization of $34.88 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.