Guided Capital Wealth Management LLC Makes New Investment in JPMorgan Equity Premium Income ETF $JEPI

Guided Capital Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 11,986 shares of the company’s stock, valued at approximately $686,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Clarity Asset Management Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter worth approximately $25,000. Asset Dedication LLC bought a new stake in JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $28,000. BTG Pactual Asset Management US LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $31,000. Logan Capital Management Inc. purchased a new stake in JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $33,000. Finally, VSM Wealth Advisory LLC increased its holdings in JPMorgan Equity Premium Income ETF by 84.1% during the third quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock valued at $34,000 after buying an additional 269 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 1.9%

JEPI opened at $56.68 on Wednesday. The firm’s 50 day simple moving average is $58.24 and its two-hundred day simple moving average is $57.58. The company has a market capitalization of $41.77 billion, a PE ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $59.90.

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