Foresight Capital Management Advisors Inc. Invests $2.58 Million in JPMorgan Equity Premium Income ETF $JEPI

Foresight Capital Management Advisors Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 45,333 shares of the company’s stock, valued at approximately $2,577,000.

A number of other hedge funds have also recently modified their holdings of the stock. Atlas Capital Advisors Inc. grew its stake in JPMorgan Equity Premium Income ETF by 12.1% during the 1st quarter. Atlas Capital Advisors Inc. now owns 4,670 shares of the company’s stock worth $267,000 after buying an additional 504 shares during the last quarter. Ritholtz Wealth Management boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.5% during the first quarter. Ritholtz Wealth Management now owns 7,827 shares of the company’s stock worth $447,000 after buying an additional 192 shares during the period. GAMMA Investing LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 8.2% during the first quarter. GAMMA Investing LLC now owns 130,565 shares of the company’s stock worth $7,460,000 after buying an additional 9,934 shares during the last quarter. Coastline Trust Co increased its position in JPMorgan Equity Premium Income ETF by 14.0% in the 2nd quarter. Coastline Trust Co now owns 1,981 shares of the company’s stock valued at $113,000 after acquiring an additional 243 shares during the period. Finally, Parallel Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF by 3.1% during the 2nd quarter. Parallel Advisors LLC now owns 45,589 shares of the company’s stock valued at $2,592,000 after acquiring an additional 1,372 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $56.97 on Tuesday. The company has a market cap of $41.21 billion, a PE ratio of 23.93 and a beta of 0.62. The stock has a fifty day moving average price of $56.76 and a 200 day moving average price of $56.13. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $60.88.

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.