Prosperity Consulting Group LLC Boosts Position in JPMorgan Equity Premium Income ETF $JEPI

Prosperity Consulting Group LLC grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.1% during the first quarter, Holdings Channel reports. The institutional investor owned 1,370,824 shares of the company’s stock after buying an additional 90,875 shares during the period. JPMorgan Equity Premium Income ETF comprises 3.5% of Prosperity Consulting Group LLC’s holdings, making the stock its 3rd biggest position. Prosperity Consulting Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $77,698,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in JEPI. Walled Lake Planning & Wealth Management LLC increased its holdings in 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 in the last quarter. Wealth Effects LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 0.6% during the fourth quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock valued at $1,809,000 after purchasing an additional 173 shares in the last quarter. WESPAC Advisors SoCal LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 4.3% in the fourth quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock worth $239,000 after purchasing an additional 174 shares during the period. Aspen Wealth Strategies LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 4.5% in the fourth quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock worth $231,000 after purchasing an additional 174 shares during the period. Finally, Morey & Quinn Wealth Partners LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 4.9% in the fourth quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock worth $213,000 after purchasing an additional 175 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $56.98 on Friday. The stock has a market cap of $45.36 billion, a PE ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The firm has a fifty day moving average price of $56.15 and a 200-day moving average price of $57.28.

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