Element Wealth LLC Increases Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Element Wealth LLC increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 17.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 6,189 shares of the company’s stock after acquiring an additional 929 shares during the quarter. Element Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $340,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Perritt Capital Management Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 44.4% during the 3rd quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after buying an additional 200 shares in the last quarter. Albion Financial Group UT grew its holdings in JPMorgan Equity Premium Income ETF by 8,375.0% during the 3rd quarter. Albion Financial Group UT now owns 678 shares of the company’s stock valued at $36,000 after buying an additional 670 shares in the last quarter. BOK Financial Private Wealth Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 400.0% during the 4th quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock valued at $42,000 after buying an additional 600 shares in the last quarter. Roble Belko & Company Inc purchased a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $42,000. Finally, Halpern Financial Inc. purchased a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $52,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock traded up $0.44 during mid-day trading on Tuesday, reaching $56.36. 3,789,218 shares of the company traded hands, compared to its average volume of 3,586,479. The company has a market capitalization of $33.02 billion, a P/E ratio of 24.51 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $57.94. The company has a fifty day moving average price of $56.82 and a 200-day moving average price of $55.34.

About JPMorgan Equity Premium Income ETF

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.