JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Foguth Wealth Management LLC.’s 5th Largest Position

Foguth Wealth Management LLC. increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 39.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 278,633 shares of the company’s stock after acquiring an additional 79,096 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 4.3% of Foguth Wealth Management LLC.’s holdings, making the stock its 5th largest position. Foguth Wealth Management LLC.’s holdings in JPMorgan Equity Premium Income ETF were worth $16,467,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of JEPI. Mattern Wealth Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.2% during the third quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock worth $480,000 after purchasing an additional 174 shares during the period. Empirical Asset Management LLC increased its holdings in JPMorgan Equity Premium Income ETF by 4.0% in the 3rd quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock worth $278,000 after acquiring an additional 179 shares in the last quarter. Landmark Wealth Management LLC lifted its stake in JPMorgan Equity Premium Income ETF by 5.1% in the 4th quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock valued at $221,000 after buying an additional 185 shares in the last quarter. Aviance Capital Partners LLC increased its stake in JPMorgan Equity Premium Income ETF by 1.1% during the 3rd quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock worth $1,030,000 after buying an additional 194 shares in the last quarter. Finally, Fortis Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% in the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after acquiring an additional 196 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $58.62 on Wednesday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The firm has a market capitalization of $34.40 billion, a P/E ratio of 24.40 and a beta of 0.53. The stock’s fifty day moving average is $58.78 and its two-hundred day moving average is $58.63.

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.