JPMorgan Equity Premium Income ETF $JEPI Stake Lifted by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 32.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 216,817 shares of the company’s stock after buying an additional 52,719 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $12,246,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Walled Lake Planning & Wealth Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 2.7% in the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock worth $369,000 after acquiring an additional 171 shares during the period. 3Chopt Investment Partners LLC grew its stake in JPMorgan Equity Premium Income ETF by 9.0% in the first quarter. 3Chopt Investment Partners LLC now owns 2,143 shares of the company’s stock valued at $121,000 after acquiring an additional 177 shares during the period. Etesian Wealth Advisors Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 0.5% during the fourth quarter. Etesian Wealth Advisors Inc. now owns 35,397 shares of the company’s stock worth $2,026,000 after acquiring an additional 180 shares during the period. Fortis Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 1.9% in the 4th quarter. Fortis Advisors LLC now owns 10,027 shares of the company’s stock valued at $574,000 after acquiring an additional 188 shares in the last quarter. Finally, Blue Chip Partners LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 1.2% during the 2nd quarter. Blue Chip Partners LLC now owns 16,355 shares of the company’s stock worth $930,000 after acquiring an additional 192 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $57.22 on Friday. The stock has a fifty day moving average price of $57.21 and a 200-day moving average price of $57.07. The company has a market cap of $45.64 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90.

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