Centurion Wealth Management LLC Boosts Position in JPMorgan Equity Premium Income ETF $JEPI

Centurion Wealth Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 14.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 247,901 shares of the company’s stock after acquiring an additional 30,785 shares during the quarter. JPMorgan Equity Premium Income ETF makes up 4.0% of Centurion Wealth Management LLC’s investment portfolio, making the stock its 3rd largest position. Centurion Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $14,093,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. JPMorgan Chase & Co. grew its position in JPMorgan Equity Premium Income ETF by 35.9% during the 1st quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock worth $1,609,887,000 after acquiring an additional 7,443,750 shares during the last quarter. Royal Bank of Canada grew its position in shares of JPMorgan Equity Premium Income ETF by 10.5% in the 1st quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock worth $463,927,000 after buying an additional 772,858 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 11.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock worth $434,911,000 after buying an additional 774,664 shares during the last quarter. GAMMA Investing LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 6,084.5% in the 1st quarter. GAMMA Investing LLC now owns 7,460,484 shares of the company’s stock worth $426,292,000 after buying an additional 7,339,853 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 14.9% in the 1st quarter. Raymond James Financial Inc. now owns 6,435,593 shares of the company’s stock worth $367,730,000 after buying an additional 833,285 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $56.90 on Friday. The firm has a market cap of $41.06 billion, a P/E ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88. The business’s 50 day moving average price is $56.77 and its 200-day moving average price is $56.22.

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.