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

Triad Wealth Partners LLC grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 76.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 12,549 shares of the company’s stock after acquiring an additional 5,432 shares during the period. Triad Wealth Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $713,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 387,324.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after buying an additional 401,771,477 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Equity Premium Income ETF by 35.9% during the 1st quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock worth $1,609,887,000 after buying an additional 7,443,750 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 14.9% during the 1st quarter. Raymond James Financial Inc. now owns 6,435,593 shares of the company’s stock worth $367,730,000 after buying an additional 833,285 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 18.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 4,903,295 shares of the company’s stock worth $280,174,000 after buying an additional 778,433 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 11.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock worth $434,911,000 after buying an additional 774,664 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $56.85 on Friday. The company has a market capitalization of $41.03 billion, a PE ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88. The stock has a fifty day simple moving average of $56.77 and a 200-day simple moving average of $56.14.

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.