Tcfg Wealth Management LLC Acquires 14,020 Shares of JPMorgan Equity Premium Income ETF $JEPI

Tcfg Wealth Management LLC increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 198.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,094 shares of the company’s stock after purchasing an additional 14,020 shares during the quarter. Tcfg Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,199,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of JEPI. Mather Group LLC. purchased a new stake in JPMorgan Equity Premium Income ETF in the first quarter worth about $25,000. Bartlett & CO. Wealth Management LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at approximately $25,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $29,000. Millstone Evans Group LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $29,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $32,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $56.97 on Tuesday. The firm has a market cap of $41.21 billion, a P/E ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $60.88. The company has a 50 day simple moving average of $56.76 and a two-hundred day simple moving average of $56.13.

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.