Lionsbridge Wealth Management LLC Grows Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Lionsbridge Wealth Management LLC raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 48.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 92,378 shares of the company’s stock after purchasing an additional 30,234 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 4.5% of Lionsbridge Wealth Management LLC’s portfolio, making the stock its 4th biggest holding. Lionsbridge Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,315,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in JEPI. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at $25,000. Running Point Capital Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after acquiring an additional 362 shares during the last quarter. Brown Lisle Cummings Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after acquiring an additional 255 shares during the period. Pathway Financial Advisers LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $49,000. Finally, Abound Wealth Management increased its stake in shares of JPMorgan Equity Premium Income ETF by 1,320.8% during the 4th quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock worth $63,000 after purchasing an additional 1,017 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $58.50 on Monday. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The company has a market capitalization of $34.33 billion, a P/E ratio of 24.40 and a beta of 0.53. The company has a 50-day simple moving average of $59.02 and a 200 day simple moving average of $58.44.

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.