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

Orgel Wealth Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 91.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,209 shares of the company’s stock after purchasing an additional 11,569 shares during the quarter. Orgel Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,367,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of JEPI. Morgan Stanley raised its position in shares of JPMorgan Equity Premium Income ETF by 0.6% in the fourth quarter. Morgan Stanley now owns 47,234,309 shares of the company’s stock valued at $2,703,692,000 after purchasing an additional 261,872 shares during the period. Bank of America Corp DE boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.1% during the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after buying an additional 690,960 shares during the period. Royal Bank of Canada boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 5.7% during the 1st quarter. Royal Bank of Canada now owns 8,366,269 shares of the company’s stock worth $474,201,000 after buying an additional 449,485 shares during the period. Raymond James Financial Inc. grew its stake in JPMorgan Equity Premium Income ETF by 11.4% in the 4th quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock valued at $463,602,000 after buying an additional 825,889 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in JPMorgan Equity Premium Income ETF by 10.0% in the 1st quarter. Cetera Investment Advisers now owns 6,083,774 shares of the company’s stock valued at $344,828,000 after buying an additional 553,011 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.5%

JPMorgan Equity Premium Income ETF stock opened at $57.50 on Tuesday. The company’s 50-day moving average price is $57.12 and its two-hundred day moving average price is $57.11. The stock has a market cap of $45.86 billion, a P/E ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90.

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.