JPMorgan Equity Premium Income ETF $JEPI Stock Holdings Raised by LongView Wealth Management

LongView Wealth Management increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.8% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 78,654 shares of the company’s stock after purchasing an additional 9,522 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 1.1% of LongView Wealth Management’s investment portfolio, making the stock its 21st largest position. LongView Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $4,422,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Optivise Advisory Services LLC increased its position in JPMorgan Equity Premium Income ETF by 7.5% during the third quarter. Optivise Advisory Services LLC now owns 7,466 shares of the company’s stock worth $420,000 after buying an additional 518 shares during the last quarter. Clark Wealth Partners boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 3.9% during the third quarter. Clark Wealth Partners now owns 94,336 shares of the company’s stock worth $5,304,000 after acquiring an additional 3,527 shares during the period. Onyx Bridge Wealth Group LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Onyx Bridge Wealth Group LLC now owns 78,501 shares of the company’s stock worth $4,413,000 after acquiring an additional 874 shares during the period. SteelPeak Wealth LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 6.2% in the third quarter. SteelPeak Wealth LLC now owns 36,197 shares of the company’s stock valued at $2,035,000 after purchasing an additional 2,106 shares during the last quarter. Finally, IFP Advisors Inc increased its stake in shares of JPMorgan Equity Premium Income ETF by 0.8% during the third quarter. IFP Advisors Inc now owns 80,266 shares of the company’s stock worth $4,513,000 after purchasing an additional 625 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI traded up $0.07 during mid-day trading on Monday, hitting $57.10. 2,446,472 shares of the stock were exchanged, compared to its average volume of 5,122,993. The firm’s 50-day simple moving average is $57.03 and its 200 day simple moving average is $56.75. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90. The stock has a market capitalization of $45.82 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.