Beaird Harris Wealth Management LLC Takes Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Beaird Harris Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 660 shares of the company’s stock, valued at approximately $38,000.

Other hedge funds have also modified their holdings of the company. Morse Asset Management Inc acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth $904,000. CoreFirst Bank & Trust increased its stake in JPMorgan Equity Premium Income ETF by 23.7% in the 1st quarter. CoreFirst Bank & Trust now owns 29,937 shares of the company’s stock valued at $1,732,000 after buying an additional 5,735 shares during the last quarter. BOKF NA increased its stake in JPMorgan Equity Premium Income ETF by 195.9% in the 1st quarter. BOKF NA now owns 216,952 shares of the company’s stock valued at $12,425,000 after buying an additional 143,645 shares during the last quarter. Kestra Advisory Services LLC increased its stake in JPMorgan Equity Premium Income ETF by 23.2% in the 1st quarter. Kestra Advisory Services LLC now owns 827,579 shares of the company’s stock valued at $47,884,000 after buying an additional 155,777 shares during the last quarter. Finally, LRI Investments LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter valued at $1,202,000.

JPMorgan Equity Premium Income ETF Trading Up 0.1 %

Shares of JEPI traded up $0.06 during midday trading on Monday, reaching $57.02. The stock had a trading volume of 2,343,420 shares, compared to its average volume of 3,230,844. The firm has a 50 day simple moving average of $56.61 and a 200-day simple moving average of $56.54. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $57.94. The firm has a market cap of $33.46 billion, a PE ratio of 24.40 and a beta of 0.53.

About JPMorgan Equity Premium Income ETF

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.