Prosperity Consulting Group LLC Purchases 51,103 Shares of JPMorgan Equity Premium Income ETF $JEPI

Prosperity Consulting Group LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.7% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 815,079 shares of the company’s stock after buying an additional 51,103 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 3.4% of Prosperity Consulting Group LLC’s holdings, making the stock its 3rd largest position. Prosperity Consulting Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $46,337,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in JEPI. Brighton Jones LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth $402,000. Mather Group LLC. purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth about $25,000. Bank of New York Mellon Corp lifted its holdings in JPMorgan Equity Premium Income ETF by 4.8% in the 1st quarter. Bank of New York Mellon Corp now owns 586,093 shares of the company’s stock valued at $33,489,000 after purchasing an additional 26,611 shares in the last quarter. Chilton Capital Management LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $114,000. Finally, Envestnet Asset Management Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 11.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock valued at $434,911,000 after purchasing an additional 774,664 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.9%

NYSEARCA:JEPI opened at $56.39 on Tuesday. The firm has a market cap of $40.37 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $60.88. The company’s 50-day moving average is $56.93 and its two-hundred day moving average is $56.42.

JPMorgan Equity Premium Income ETF 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.