Beaird Harris Wealth Management LLC Takes $38,000 Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Beaird Harris Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 660 shares of the company’s stock, valued at approximately $38,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Larson Financial Group LLC increased its stake in JPMorgan Equity Premium Income ETF by 129.8% in the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after purchasing an additional 314 shares during the last quarter. Burkett Financial Services LLC acquired a new position in JPMorgan Equity Premium Income ETF in the first quarter valued at $35,000. Morris Financial Concepts Inc. increased its stake in JPMorgan Equity Premium Income ETF by 114.1% in the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after purchasing an additional 331 shares during the last quarter. Capital Advisors Ltd. LLC increased its stake in JPMorgan Equity Premium Income ETF by 79.3% in the fourth quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock valued at $36,000 after purchasing an additional 291 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its stake in JPMorgan Equity Premium Income ETF by 105.2% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock valued at $41,000 after purchasing an additional 367 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock traded up $0.06 during trading on Monday, hitting $57.02. The company’s stock had a trading volume of 2,343,420 shares, compared to its average volume of 3,230,844. The stock has a market capitalization of $33.46 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The stock’s fifty day moving average is $56.61 and its 200 day moving average is $56.54. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $57.94.

About JPMorgan Equity Premium Income ETF

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.