Concord Asset Management LLC VA Acquires Shares of 23,571 JPMorgan Equity Premium Income ETF $JEPI

Concord Asset Management LLC VA acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 23,571 shares of the company’s stock, valued at approximately $1,340,000.

Several other institutional investors also recently bought and sold shares of JEPI. Brighton Jones LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $402,000. GAMMA Investing LLC grew its holdings in JPMorgan Equity Premium Income ETF by 8.2% in the first quarter. GAMMA Investing LLC now owns 130,565 shares of the company’s stock valued at $7,460,000 after purchasing an additional 9,934 shares during the period. CX Institutional acquired a new stake in JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $66,000. Tritonpoint Wealth LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 33.9% in the first quarter. Tritonpoint Wealth LLC now owns 18,971 shares of the company’s stock worth $1,084,000 after acquiring an additional 4,799 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 8.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,710,856 shares of the company’s stock worth $97,758,000 after acquiring an additional 130,869 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $56.00 on Monday. The business’s 50 day moving average price is $56.77 and its 200-day moving average price is $56.10. The firm has a market capitalization of $40.52 billion, a PE 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.

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.