Orgel Wealth Management LLC Acquires 11,569 Shares of JPMorgan Equity Premium Income ETF $JEPI

Orgel Wealth Management LLC grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 91.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,209 shares of the company’s stock after purchasing an additional 11,569 shares during the period. Orgel Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,367,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Nottingham Advisors Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 21.6% during the 1st quarter. Nottingham Advisors Inc. now owns 816,880 shares of the company’s stock worth $46,301,000 after purchasing an additional 144,966 shares during the last quarter. FSA Advisors Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $1,055,000. Janney Montgomery Scott LLC increased its holdings in JPMorgan Equity Premium Income ETF by 1.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 2,692,604 shares of the company’s stock worth $154,125,000 after buying an additional 36,106 shares during the last quarter. Armstrong Advisory Group Inc. raised its position in JPMorgan Equity Premium Income ETF by 60.7% during the second quarter. Armstrong Advisory Group Inc. now owns 75,535 shares of the company’s stock worth $4,266,000 after acquiring an additional 28,517 shares in the last quarter. Finally, Channel Wealth LLC lifted its stake in JPMorgan Equity Premium Income ETF by 89.2% in the fourth quarter. Channel Wealth LLC now owns 121,746 shares of the company’s stock valued at $6,969,000 after acquiring an additional 57,394 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $57.50 on Tuesday. The company has a market cap of $45.86 billion, a PE ratio of 23.93 and a beta of 0.53. The firm has a 50-day moving average of $57.12 and a 200-day moving average of $57.11. JPMorgan Equity Premium Income ETF has a one year low of $55.10 and a one year high of $59.90.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.