Private Wealth Partners LLC Purchases 17,001 Shares of JPMorgan Equity Premium Income ETF $JEPI

Private Wealth Partners LLC acquired a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 17,001 shares of the company’s stock, valued at approximately $956,000.

Several other institutional investors have also modified their holdings of the company. Legacy Private Trust Co. bought a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at $2,602,000. Private Client Services LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth $3,694,000. Community Financial Services Group LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth $6,319,000. Studio Investment Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 194.0% during the 2nd quarter. Studio Investment Management LLC now owns 54,050 shares of the company’s stock worth $3,053,000 after acquiring an additional 35,668 shares in the last quarter. Finally, Tucker Asset Management LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 42.1% in the 2nd quarter. Tucker Asset Management LLC now owns 34,008 shares of the company’s stock worth $1,921,000 after acquiring an additional 10,075 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.8%

Shares of JPMorgan Equity Premium Income ETF stock traded down $0.44 on Friday, reaching $56.85. 3,958,669 shares of the company were exchanged, compared to its average volume of 5,106,070. The stock has a fifty day moving average price of $56.97 and a 200-day moving average price of $56.77. The firm has a market capitalization of $45.59 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90.

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.