Onyx Bridge Wealth Group LLC Takes Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Onyx Bridge Wealth Group LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 5,864 shares of the company’s stock, valued at approximately $322,000.

A number of other large investors also recently modified their holdings of JEPI. Private Advisor Group LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at $375,000. PNC Financial Services Group Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 1,098.4% during the first quarter. PNC Financial Services Group Inc. now owns 18,552 shares of the company’s stock valued at $1,140,000 after purchasing an additional 17,004 shares during the period. Synovus Financial Corp acquired a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at $714,000. Cibc World Market Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 22.3% during the first quarter. Cibc World Market Inc. now owns 11,405 shares of the company’s stock valued at $700,000 after purchasing an additional 2,080 shares during the period. Finally, Blair William & Co. IL increased its holdings in shares of JPMorgan Equity Premium Income ETF by 10.9% during the first quarter. Blair William & Co. IL now owns 8,901 shares of the company’s stock valued at $547,000 after purchasing an additional 878 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI traded down $0.02 during trading hours on Friday, reaching $55.45. 3,193,800 shares of the company’s stock traded hands, compared to its average volume of 3,600,742. The firm has a market capitalization of $32.48 billion, a price-to-earnings ratio of 24.51 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $57.94. The business’s fifty day simple moving average is $56.82 and its two-hundred day simple moving average is $55.28.

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.