JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Position Increased by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 39.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 278,633 shares of the company’s stock after buying an additional 79,096 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 4.3% of Foguth Wealth Management LLC.’s portfolio, making the stock its 5th largest holding. Foguth Wealth Management LLC.’s holdings in JPMorgan Equity Premium Income ETF were worth $16,467,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of JEPI. Econ Financial Services Corp increased its stake in shares of JPMorgan Equity Premium Income ETF by 39.5% in the fourth quarter. Econ Financial Services Corp now owns 29,966 shares of the company’s stock worth $1,724,000 after buying an additional 8,485 shares during the period. Choreo LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 436.0% during the 4th quarter. Choreo LLC now owns 124,645 shares of the company’s stock valued at $7,224,000 after buying an additional 101,390 shares in the last quarter. Nvwm LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 10.2% during the fourth quarter. Nvwm LLC now owns 16,394 shares of the company’s stock valued at $943,000 after purchasing an additional 1,522 shares in the last quarter. Money Concepts Capital Corp boosted its holdings in JPMorgan Equity Premium Income ETF by 7.0% in the fourth quarter. Money Concepts Capital Corp now owns 59,380 shares of the company’s stock worth $3,416,000 after acquiring an additional 3,863 shares in the last quarter. Finally, Confluence Wealth Services Inc. grew its position in JPMorgan Equity Premium Income ETF by 11.8% during the 4th quarter. Confluence Wealth Services Inc. now owns 1,583,959 shares of the company’s stock valued at $93,675,000 after purchasing an additional 167,702 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $58.62 on Wednesday. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The stock has a 50-day moving average of $58.78 and a 200 day moving average of $58.63. The company has a market capitalization of $34.40 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.