LongView Wealth Management Purchases 11,075 Shares of JPMorgan Equity Premium Income ETF $JEPI

LongView Wealth Management lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 33.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 44,145 shares of the company’s stock after purchasing an additional 11,075 shares during the quarter. LongView Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $2,574,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Kelly Financial Services LLC boosted its stake in JPMorgan Equity Premium Income ETF by 18.5% in the fourth quarter. Kelly Financial Services LLC now owns 30,225 shares of the company’s stock worth $1,730,000 after buying an additional 4,708 shares in the last quarter. Kathmere Capital Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 6.5% during the fourth quarter. Kathmere Capital Management LLC now owns 732,375 shares of the company’s stock worth $41,921,000 after acquiring an additional 44,376 shares in the last quarter. CPA Asset Management Group LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 1.6% during the fourth quarter. CPA Asset Management Group LLC now owns 21,445 shares of the company’s stock worth $1,228,000 after acquiring an additional 336 shares in the last quarter. FMA Wealth Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.2% in the 4th quarter. FMA Wealth Management LLC now owns 49,980 shares of the company’s stock worth $2,861,000 after acquiring an additional 1,072 shares during the last quarter. Finally, Stablepoint Partners LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 6.3% in the 4th quarter. Stablepoint Partners LLC now owns 7,134 shares of the company’s stock valued at $408,000 after purchasing an additional 424 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $56.19 on Friday. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $59.90. The firm’s fifty day moving average is $58.37 and its 200 day moving average is $57.59. The firm has a market cap of $41.41 billion, a P/E ratio of 23.93 and a beta of 0.60.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.