Studio Investment Management LLC Has $943,000 Stake in JPMorgan Equity Premium Income ETF $JEPI

Studio Investment Management LLC increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 15.1% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 16,586 shares of the company’s stock after purchasing an additional 2,171 shares during the period. Studio Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $943,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JEPI. Mather Group LLC. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at $25,000. Bartlett & CO. Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $25,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at $29,000. Millstone Evans Group LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at $29,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $32,000.

JPMorgan Equity Premium Income ETF Stock Up 0.6%

Shares of NYSEARCA:JEPI opened at $57.52 on Wednesday. The firm has a fifty day moving average of $56.88 and a two-hundred day moving average of $56.15. The firm has a market capitalization of $41.38 billion, a P/E ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $60.88.

JPMorgan Equity Premium Income ETF Company 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.