Integrated Wealth Concepts LLC Acquires 21,623 Shares of JPMorgan Equity Premium Income ETF $JEPI

Integrated Wealth Concepts LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.0% in the 2nd quarter, HoldingsChannel reports. The firm owned 555,924 shares of the company’s stock after acquiring an additional 21,623 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $31,399,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the business. Nottingham Advisors Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 21.6% in the first quarter. Nottingham Advisors Inc. now owns 816,880 shares of the company’s stock valued at $46,301,000 after buying an additional 144,966 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 1.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 2,692,604 shares of the company’s stock worth $154,125,000 after acquiring an additional 36,106 shares during the period. Armstrong Advisory Group Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 60.7% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 75,535 shares of the company’s stock worth $4,266,000 after acquiring an additional 28,517 shares during the last quarter. Plus Group Wealth Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $548,000. Finally, PNC Financial Services Group Inc. raised its stake in JPMorgan Equity Premium Income ETF by 13.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,650,864 shares of the company’s stock valued at $94,495,000 after acquiring an additional 191,240 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.6%

NYSEARCA JEPI opened at $56.87 on Wednesday. The company has a market cap of $45.36 billion, a PE ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The firm’s 50-day simple moving average is $57.24 and its two-hundred day simple moving average is $57.02.

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.