KFG Wealth Management LLC Acquires Shares of 15,477 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

KFG Wealth Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 15,477 shares of the company’s stock, valued at approximately $896,000.

Several other institutional investors and hedge funds also recently made changes to their positions in JEPI. Hedeker Wealth LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 3.0% in the 1st quarter. Hedeker Wealth LLC now owns 156,928 shares of the company’s stock worth $9,080,000 after buying an additional 4,529 shares during the last quarter. Silverlake Wealth Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 9.1% in the first quarter. Silverlake Wealth Management LLC now owns 62,125 shares of the company’s stock valued at $3,595,000 after acquiring an additional 5,179 shares during the period. SeaCrest Wealth Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 49.0% in the first quarter. SeaCrest Wealth Management LLC now owns 108,176 shares of the company’s stock worth $6,259,000 after buying an additional 35,595 shares in the last quarter. Oxinas Partners Wealth Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 5.9% during the 1st quarter. Oxinas Partners Wealth Management LLC now owns 40,725 shares of the company’s stock valued at $2,356,000 after acquiring an additional 2,255 shares during the last quarter. Finally, Naviter Wealth LLC lifted its position in JPMorgan Equity Premium Income ETF by 13.1% during the first quarter. Naviter Wealth LLC now owns 147,785 shares of the company’s stock valued at $8,551,000 after purchasing an additional 17,100 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

NYSEARCA:JEPI traded down $0.05 during midday trading on Wednesday, hitting $56.15. The company had a trading volume of 2,345,786 shares, compared to its average volume of 3,278,742. The company has a market capitalization of $32.95 billion, a PE ratio of 24.40 and a beta of 0.53. The stock’s fifty day moving average price is $56.59 and its 200-day moving average price is $56.34. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $57.94.

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.