Diversify Wealth Management LLC Grows Position in JPMorgan Equity Premium Income ETF $JEPI

Diversify Wealth Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 58.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 97,447 shares of the company’s stock after purchasing an additional 35,813 shares during the period. Diversify Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,566,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Valmark Advisers Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 130.2% during the 1st quarter. Valmark Advisers Inc. now owns 144,439 shares of the company’s stock valued at $8,187,000 after buying an additional 81,698 shares during the period. Kaizen Financial Strategies raised its position in shares of JPMorgan Equity Premium Income ETF by 29.6% in the 1st quarter. Kaizen Financial Strategies now owns 4,721 shares of the company’s stock worth $272,000 after buying an additional 1,078 shares during the period. Citizens Financial Group Inc. RI raised its position in shares of JPMorgan Equity Premium Income ETF by 19.9% in the 1st quarter. Citizens Financial Group Inc. RI now owns 27,940 shares of the company’s stock worth $1,584,000 after buying an additional 4,641 shares during the period. Midwest Trust Co boosted its holdings in JPMorgan Equity Premium Income ETF by 8.8% in the first quarter. Midwest Trust Co now owns 471,546 shares of the company’s stock valued at $26,727,000 after acquiring an additional 38,268 shares during the last quarter. Finally, Fifth Third Bancorp boosted its holdings in JPMorgan Equity Premium Income ETF by 1,476.0% in the first quarter. Fifth Third Bancorp now owns 347,694 shares of the company’s stock valued at $19,707,000 after acquiring an additional 325,632 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $56.76 on Monday. The stock has a 50-day moving average price of $56.15 and a two-hundred day moving average price of $57.32. JPMorgan Equity Premium Income ETF has a 12-month low of $55.10 and a 12-month high of $59.90. The company has a market cap of $45.17 billion, a PE ratio of 23.93 and a beta of 0.54.

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