Triad Wealth Partners LLC Raises Position in JPMorgan Equity Premium Income ETF $JEPI

Triad Wealth Partners LLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 154.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,874 shares of the company’s stock after purchasing an additional 19,325 shares during the period. Triad Wealth Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,820,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in JEPI. Bartlett & CO. Wealth Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $25,000. GHP Investment Advisors Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the second quarter worth approximately $25,000. Clarity Asset Management Inc. purchased a new position in JPMorgan Equity Premium Income ETF during the second quarter worth approximately $25,000. Pin Oak Investment Advisors Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 73.6% in the 2nd 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 last quarter. Finally, Asset Dedication LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $28,000.

JPMorgan Equity Premium Income ETF Stock Up 1.0%

JEPI stock opened at $58.19 on Thursday. The company has a market cap of $42.54 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. The business has a fifty day simple moving average of $57.53 and a 200-day simple moving average of $57.07. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $59.73.

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