JPMorgan Equity Premium Income ETF $JEPI Shares Acquired by Galvin Gaustad & Stein LLC

Galvin Gaustad & Stein LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 17.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,424 shares of the company’s stock after acquiring an additional 5,496 shares during the period. Galvin Gaustad & Stein LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,128,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Mather Group LLC. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at about $25,000. Bartlett & CO. Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $25,000. Millstone Evans Group LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $29,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $29,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $32,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $56.75 on Friday. The stock has a market capitalization of $41.08 billion, a P/E ratio of 23.93 and a beta of 0.62. The company has a 50 day moving average price of $56.76 and a 200 day moving average price of $56.13. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88.

JPMorgan Equity Premium Income ETF Company 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.