Potentia Wealth Purchases New Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Potentia Wealth bought a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, Holdings Channel.com reports. The firm bought 7,766 shares of the company’s stock, valued at approximately $447,000.

A number of other large investors have also modified their holdings of the stock. Commerce Bank lifted its position in shares of JPMorgan Equity Premium Income ETF by 73.4% during the third quarter. Commerce Bank now owns 7,961 shares of the company’s stock worth $474,000 after purchasing an additional 3,371 shares in the last quarter. Citigroup Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 51.8% in the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after buying an additional 50,459 shares in the last quarter. Great Valley Advisor Group Inc. boosted its position in JPMorgan Equity Premium Income ETF by 19.2% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 56,330 shares of the company’s stock valued at $3,352,000 after buying an additional 9,072 shares during the last quarter. StoneX Group Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 10.2% during the third quarter. StoneX Group Inc. now owns 12,598 shares of the company’s stock valued at $750,000 after acquiring an additional 1,163 shares in the last quarter. Finally, Prosperity Financial Group Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 2.4% during the third quarter. Prosperity Financial Group Inc. now owns 43,152 shares of the company’s stock worth $2,568,000 after acquiring an additional 1,006 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $57.79 on Tuesday. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The stock has a 50-day moving average price of $58.47 and a 200 day moving average price of $58.89. The company has a market capitalization of $39.51 billion, a P/E ratio of 24.79 and a beta of 0.61.

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.