Element Wealth LLC Grows Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Element Wealth LLC grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 17.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,189 shares of the company’s stock after purchasing an additional 929 shares during the period. Element Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $340,000 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. Perritt Capital Management Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 44.4% in the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after acquiring an additional 200 shares during the period. Albion Financial Group UT raised its position in shares of JPMorgan Equity Premium Income ETF by 8,375.0% during the 3rd quarter. Albion Financial Group UT now owns 678 shares of the company’s stock valued at $36,000 after buying an additional 670 shares during the period. BOK Financial Private Wealth Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 400.0% during the 4th quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock valued at $42,000 after buying an additional 600 shares during the period. Roble Belko & Company Inc purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $42,000. Finally, Halpern Financial Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $52,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI traded up $0.44 during trading on Tuesday, hitting $56.36. The company’s stock had a trading volume of 3,789,218 shares, compared to its average volume of 3,586,479. The business has a 50 day moving average price of $56.82 and a two-hundred day moving average price of $55.34. The company has a market capitalization of $33.02 billion, a PE ratio of 24.51 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week 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.