Apexium Financial LP Grows Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Apexium Financial LP raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 33.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 239,190 shares of the company’s stock after buying an additional 59,818 shares during the period. JPMorgan Equity Premium Income ETF makes up about 0.7% of Apexium Financial LP’s portfolio, making the stock its 22nd biggest holding. Apexium Financial LP’s holdings in JPMorgan Equity Premium Income ETF were worth $13,598,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Curran Financial Partners LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 9.8% in the second quarter. Curran Financial Partners LLC now owns 302,416 shares of the company’s stock valued at $17,192,000 after purchasing an additional 26,976 shares during the period. Montz Harcus Wealth Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 18.9% during the 2nd quarter. Montz Harcus Wealth Management LLC now owns 6,172 shares of the company’s stock worth $351,000 after buying an additional 983 shares during the last quarter. Quattro Financial Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $318,000. Trinity Legacy Partners LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 2.2% during the second quarter. Trinity Legacy Partners LLC now owns 257,112 shares of the company’s stock worth $14,568,000 after purchasing an additional 5,522 shares in the last quarter. Finally, Triad Wealth Partners LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 76.3% during the second quarter. Triad Wealth Partners LLC now owns 12,549 shares of the company’s stock worth $713,000 after purchasing an additional 5,432 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $57.03 on Friday. The business’s 50-day simple moving average is $56.76 and its 200-day simple moving average is $56.14. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The stock has a market capitalization of $41.28 billion, a P/E ratio of 23.93 and a beta of 0.62.

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.