Orgel Wealth Management LLC Buys 11,569 Shares of JPMorgan Equity Premium Income ETF $JEPI

Orgel Wealth Management LLC raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 91.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,209 shares of the company’s stock after acquiring an additional 11,569 shares during the quarter. JPMorgan Equity Premium Income ETF makes up 0.0% of Orgel Wealth Management LLC’s holdings, making the stock its 28th biggest position. Orgel Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,367,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. DAVENPORT & Co LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 10.1% in the 2nd quarter. DAVENPORT & Co LLC now owns 516,205 shares of the company’s stock worth $29,155,000 after purchasing an additional 47,465 shares during the period. JFS Wealth Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 151.1% during the second quarter. JFS Wealth Advisors LLC now owns 6,335 shares of the company’s stock valued at $358,000 after purchasing an additional 3,812 shares during the period. Canvas Wealth Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 6.0% during the second quarter. Canvas Wealth Advisors LLC now owns 10,006 shares of the company’s stock valued at $565,000 after purchasing an additional 565 shares during the period. Fiduciary Financial Group LLC increased its position in JPMorgan Equity Premium Income ETF by 15.4% in the second quarter. Fiduciary Financial Group LLC now owns 22,220 shares of the company’s stock worth $1,255,000 after buying an additional 2,957 shares during the last quarter. Finally, Orrstown Financial Services Inc. increased its position in JPMorgan Equity Premium Income ETF by 2.4% in the second quarter. Orrstown Financial Services Inc. now owns 443,484 shares of the company’s stock worth $25,048,000 after buying an additional 10,495 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $57.84 on Thursday. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The stock’s fifty day moving average price is $56.60 and its two-hundred day moving average price is $57.17. The firm has a market cap of $46.13 billion, a PE ratio of 23.93 and a beta of 0.53.

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.