KFG Wealth Management LLC Buys 17,558 Shares of JPMorgan Equity Premium Income ETF $JEPI

KFG Wealth Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 107,243 shares of the company’s stock after purchasing an additional 17,558 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 0.8% of KFG Wealth Management LLC’s portfolio, making the stock its 23rd biggest position. KFG Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,079,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Morgan Stanley raised its position in JPMorgan Equity Premium Income ETF by 0.6% in the 4th quarter. Morgan Stanley now owns 47,234,309 shares of the company’s stock worth $2,703,692,000 after purchasing an additional 261,872 shares during the last quarter. Bank of America Corp DE boosted its position in JPMorgan Equity Premium Income ETF by 2.1% in the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after buying an additional 690,960 shares during the last quarter. Raymond James Financial Inc. boosted its position in JPMorgan Equity Premium Income ETF by 11.4% in the 4th quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock valued at $463,602,000 after buying an additional 825,889 shares during the last quarter. Nationwide Fund Advisors increased its stake in shares of JPMorgan Equity Premium Income ETF by 0.7% in the 4th quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock valued at $405,826,000 after buying an additional 51,190 shares during the period. Finally, Cetera Investment Advisers increased its stake in shares of JPMorgan Equity Premium Income ETF by 7.2% in the 4th quarter. Cetera Investment Advisers now owns 5,530,763 shares of the company’s stock valued at $316,581,000 after buying an additional 370,330 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.4%

JEPI stock opened at $56.06 on Thursday. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The company has a market cap of $44.42 billion, a P/E ratio of 23.93 and a beta of 0.54. The business has a fifty day moving average of $56.37 and a 200-day moving average of $57.40.

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