Journey Strategic Wealth LLC Makes New $470,000 Investment in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Journey Strategic Wealth LLC purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 8,171 shares of the company’s stock, valued at approximately $470,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. AQR Capital Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth about $295,000. GAMMA Investing LLC increased its holdings in JPMorgan Equity Premium Income ETF by 191.9% during the 3rd quarter. GAMMA Investing LLC now owns 82,289 shares of the company’s stock worth $4,897,000 after acquiring an additional 54,094 shares during the period. Herbst Group LLC lifted its stake in JPMorgan Equity Premium Income ETF by 20.7% in the 3rd quarter. Herbst Group LLC now owns 50,610 shares of the company’s stock worth $3,012,000 after purchasing an additional 8,674 shares in the last quarter. Cora Capital Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 18.1% in the 3rd quarter. Cora Capital Advisors LLC now owns 6,965 shares of the company’s stock valued at $414,000 after purchasing an additional 1,065 shares during the period. Finally, Alpha Financial Partners LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 45.5% during the 3rd quarter. Alpha Financial Partners LLC now owns 59,653 shares of the company’s stock valued at $3,550,000 after purchasing an additional 18,662 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $58.97 on Monday. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The business’s fifty day moving average is $58.86 and its 200 day moving average is $58.61. The company has a market capitalization of $34.61 billion, a PE ratio of 24.40 and a beta of 0.53.

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.