Wealth Alliance LLC Purchases 1,765 Shares of JPMorgan Equity Premium Income ETF $JEPI

Wealth Alliance LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.3% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 25,781 shares of the company’s stock after acquiring an additional 1,765 shares during the period. Wealth Alliance LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,466,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of JEPI. Bartlett & CO. Wealth Management LLC acquired a new position in JPMorgan Equity Premium Income ETF during the second quarter worth $25,000. GHP Investment Advisors Inc. bought a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $25,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $29,000. Millstone Evans Group LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at about $29,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $32,000.

JPMorgan Equity Premium Income ETF Stock Up 0.7%

JEPI stock opened at $57.11 on Wednesday. The company has a market cap of $40.88 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88. The business has a 50 day moving average price of $56.87 and a two-hundred day moving average price of $56.53.

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.