Juncture Wealth Strategies LLC Makes New $658,000 Investment in JPMorgan Equity Premium Income ETF $JEPI

Juncture Wealth Strategies LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 11,700 shares of the company’s stock, valued at approximately $658,000.

Several other institutional investors have also made changes to their positions in JEPI. Envestnet Asset Management Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 1.3% during the second quarter. Envestnet Asset Management Inc. now owns 11,312,713 shares of the company’s stock worth $638,942,000 after purchasing an additional 146,792 shares during the period. Royal Bank of Canada grew its stake in shares of JPMorgan Equity Premium Income ETF by 5.7% in the 1st quarter. Royal Bank of Canada now owns 8,366,269 shares of the company’s stock valued at $474,201,000 after purchasing an additional 449,485 shares during the period. Cetera Investment Advisers grew its stake in shares of 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 purchasing an additional 553,011 shares during the period. MML Investors Services LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 8.1% in the 4th quarter. MML Investors Services LLC now owns 3,063,422 shares of the company’s stock worth $175,350,000 after buying an additional 230,264 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 4.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 2,800,288 shares of the company’s stock worth $158,720,000 after buying an additional 107,684 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock traded up $0.25 during midday trading on Tuesday, hitting $56.54. 6,143,540 shares of the company were exchanged, compared to its average volume of 5,177,294. The firm has a 50 day simple moving average of $57.13 and a 200-day simple moving average of $56.72. The firm has a market cap of $45.56 billion, a P/E ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week 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.