JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Signature Wealth Management Partners LLC’s 3rd Largest Position

Signature Wealth Management Partners LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 182,461 shares of the company’s stock after acquiring an additional 11,487 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 7.2% of Signature Wealth Management Partners LLC’s holdings, making the stock its 3rd biggest position. Signature Wealth Management Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,497,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Heritage Wealth Management Inc. purchased a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at about $978,000. Citigroup Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 51.8% in the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after purchasing an additional 50,459 shares during the last quarter. Summit Wealth Partners LLC grew its holdings in JPMorgan Equity Premium Income ETF by 1.3% during the second quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock valued at $4,360,000 after purchasing an additional 957 shares during the period. Newbridge Financial Services Group Inc. increased its position in JPMorgan Equity Premium Income ETF by 106.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 57,886 shares of the company’s stock worth $3,281,000 after buying an additional 29,879 shares during the last quarter. Finally, Brown Financial Advisors bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at $3,263,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $58.98 on Wednesday. The stock has a fifty day moving average of $58.91 and a 200-day moving average of $58.57. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The company has a market capitalization of $34.61 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.