Wealth Alliance Buys 5,792 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Wealth Alliance raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 30.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,826 shares of the company’s stock after acquiring an additional 5,792 shares during the period. Wealth Alliance’s holdings in JPMorgan Equity Premium Income ETF were worth $1,428,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Consolidated Planning Corp grew its holdings in shares of JPMorgan Equity Premium Income ETF by 0.5% during the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock worth $1,931,000 after purchasing an additional 179 shares during the last quarter. Landmark Wealth Management LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 5.1% during the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after purchasing an additional 185 shares during the last quarter. Aviance Capital Partners LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock worth $1,030,000 after purchasing an additional 194 shares during the last quarter. Fortis Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after purchasing an additional 196 shares during the last quarter. Finally, Hudock Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 4.5% during the third quarter. Hudock Inc. now owns 4,608 shares of the company’s stock worth $274,000 after purchasing an additional 199 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $59.71 on Thursday. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The stock has a market capitalization of $35.04 billion, a PE ratio of 24.40 and a beta of 0.53. The stock’s fifty day moving average is $58.57 and its 200-day moving average is $58.79.

JPMorgan Equity Premium Income ETF 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.