Lakeridge Wealth Management LLC Has $696,000 Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Lakeridge Wealth Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 12.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,234 shares of the company’s stock after acquiring an additional 1,400 shares during the quarter. Lakeridge Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $696,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CENTRAL TRUST Co lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 1.8% in the second quarter. CENTRAL TRUST Co now owns 164,184 shares of the company’s stock valued at $9,334,000 after purchasing an additional 2,896 shares in the last quarter. Samalin Investment Counsel LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 15.4% during the second quarter. Samalin Investment Counsel LLC now owns 7,856 shares of the company’s stock valued at $447,000 after buying an additional 1,050 shares in the last quarter. Vise Technologies Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at $3,969,000. Cahill Financial Advisors Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 3.6% in the 2nd quarter. Cahill Financial Advisors Inc. now owns 104,753 shares of the company’s stock worth $5,955,000 after acquiring an additional 3,634 shares in the last quarter. Finally, Alpha Cubed Investments LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $229,000.

JPMorgan Equity Premium Income ETF Trading Up 0.5%

Shares of NYSEARCA JEPI opened at $56.72 on Tuesday. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The business has a 50-day moving average price of $56.86 and a two-hundred day moving average price of $56.51. The firm has a market capitalization of $40.60 billion, a PE ratio of 23.93 and a beta of 0.60.

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.