JPMorgan Equity Premium Income ETF $JEPI is SMART Wealth LLC’s 8th Largest Position

SMART Wealth LLC increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 32.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 143,327 shares of the company’s stock after buying an additional 34,997 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 1.8% of SMART Wealth LLC’s holdings, making the stock its 8th largest position. SMART Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,095,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rice Partnership LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 124.5% in the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after purchasing an additional 249 shares during the last quarter. Providence Capital Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $26,000. Advocate Investing Services LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 1st quarter valued at $28,000. Monetary Solutions Ltd acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $30,000. Finally, BTG Pactual Asset Management US LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $31,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.43 on Friday. JPMorgan Equity Premium Income ETF has a one year low of $55.10 and a one year high of $59.90. The company has a market cap of $45.81 billion, a P/E ratio of 23.93 and a beta of 0.53. The firm has a fifty day moving average of $57.19 and a two-hundred day moving average of $57.07.

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.