Safe Harbor Fiduciary LLC Takes Position in JPMorgan Equity Premium Income ETF $JEPI

Safe Harbor Fiduciary LLC bought a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 100,231 shares of the company’s stock, valued at approximately $5,698,000. JPMorgan Equity Premium Income ETF accounts for about 5.3% of Safe Harbor Fiduciary LLC’s holdings, making the stock its 3rd biggest holding.

Other institutional investors also recently modified their holdings of the company. Mattern Wealth Management LLC boosted its stake in JPMorgan Equity Premium Income ETF by 1.8% during the second quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock worth $573,000 after acquiring an additional 178 shares in the last quarter. Highline Wealth Partners LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 13.5% during the second quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock valued at $86,000 after purchasing an additional 180 shares during the last quarter. Solutions 4 Wealth Ltd lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 1.2% during the first quarter. Solutions 4 Wealth Ltd now owns 15,441 shares of the company’s stock valued at $882,000 after purchasing an additional 183 shares during the last quarter. First Horizon Advisors Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 9.0% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,221 shares of the company’s stock worth $126,000 after purchasing an additional 183 shares in the last quarter. Finally, SimpliFi Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 2.6% in the 2nd quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock worth $418,000 after buying an additional 186 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.4%

Shares of NYSEARCA:JEPI opened at $57.67 on Thursday. The stock has a fifty day simple moving average of $56.85 and a two-hundred day simple moving average of $56.62. The stock has a market capitalization of $41.28 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. 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.