Steinberganna Wealth Management Buys Shares of 10,068 JPMorgan Equity Premium Income ETF $JEPI

Steinberganna Wealth Management purchased a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 10,068 shares of the company’s stock, valued at approximately $575,000.

A number of other large investors also recently modified their holdings of the business. Scott Capital Advisors LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 124.4% in the third quarter. Scott Capital Advisors LLC now owns 123,643 shares of the company’s stock worth $7,037,000 after purchasing an additional 68,548 shares during the period. Cambridge Advisors Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 8.8% in the 3rd quarter. Cambridge Advisors Inc. now owns 187,501 shares of the company’s stock valued at $10,706,000 after buying an additional 15,195 shares during the last quarter. Geneos Wealth Management Inc. increased its position in JPMorgan Equity Premium Income ETF by 20.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 285,816 shares of the company’s stock worth $16,249,000 after buying an additional 47,712 shares during the period. Cooper Financial Group lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 3.9% during the third quarter. Cooper Financial Group now owns 423,502 shares of the company’s stock worth $24,182,000 after buying an additional 15,888 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter worth approximately $611,000.

JPMorgan Equity Premium Income ETF Trading Up 0.5%

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.04 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $59.73. The company’s fifty day simple moving average is $57.25 and its 200-day simple moving average is $56.97. The company has a market cap of $42.19 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60.

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.