Darden Wealth Group Inc Has $762,000 Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Darden Wealth Group Inc increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 39.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,800 shares of the company’s stock after acquiring an additional 3,650 shares during the quarter. Darden Wealth Group Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $762,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of JEPI. Cetera Investment Advisers grew its holdings in shares of JPMorgan Equity Premium Income ETF by 406.2% during the 1st quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after purchasing an additional 3,318,702 shares in the last quarter. Strategic Financial Concepts LLC grew its stake in JPMorgan Equity Premium Income ETF by 6,254.5% during the second quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock worth $595,000 after buying an additional 1,032,746 shares in the last quarter. Sanctuary Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $31,505,000. Envestnet Asset Management Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 8.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock valued at $402,664,000 after buying an additional 539,682 shares in the last quarter. Finally, CWM LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 44.3% during the 2nd quarter. CWM LLC now owns 1,739,888 shares of the company’s stock worth $98,617,000 after acquiring an additional 534,547 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $59.91 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.27 and a fifty-two week high of $60.20. The business has a fifty day moving average price of $59.34 and a two-hundred day moving average price of $57.79. The stock has a market capitalization of $35.16 billion, a PE ratio of 24.40 and a beta of 0.53.

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.