Destiny Wealth Partners LLC Buys 5,395 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Destiny Wealth Partners LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,399 shares of the company’s stock after purchasing an additional 5,395 shares during the quarter. Destiny Wealth Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,581,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Citigroup Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 51.8% during the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after purchasing an additional 50,459 shares in the last quarter. Massmutual Trust Co. FSB ADV raised its holdings in shares of JPMorgan Equity Premium Income ETF by 52.5% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 12,068 shares of the company’s stock worth $718,000 after acquiring an additional 4,155 shares during the last quarter. Monterey Private Wealth Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 16.9% in the 3rd quarter. Monterey Private Wealth Inc. now owns 35,300 shares of the company’s stock worth $2,101,000 after acquiring an additional 5,098 shares during the last quarter. Accurate Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth about $215,000. Finally, Whittier Trust Co. acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $108,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $58.97 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The firm has a market capitalization of $34.61 billion, a PE ratio of 24.40 and a beta of 0.53. The company’s 50-day moving average is $58.86 and its 200 day moving average is $58.59.

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.