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

KFG Wealth Management LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 38.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 73,758 shares of the company’s stock after buying an additional 20,332 shares during the quarter. KFG Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,212,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $25,000. GHP Investment Advisors Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $25,000. Clarity Asset Management Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $25,000. Pin Oak Investment Advisors Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 73.6% in the second quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock valued at $28,000 after purchasing an additional 212 shares during the period. Finally, Asset Dedication LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $28,000.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $57.52 on Wednesday. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $59.73. The company has a market capitalization of $41.17 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. The firm’s fifty day moving average price is $57.01 and its 200 day moving average price is $56.77.

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.