Lee Johnson Capital Management LLC Has $16.39 Million Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Lee Johnson Capital Management LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 284,845 shares of the company’s stock after buying an additional 28,047 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 8.6% of Lee Johnson Capital Management LLC’s holdings, making the stock its 3rd largest holding. Lee Johnson Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $16,387,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in JEPI. Edgestream Partners L.P. bought a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at about $375,000. Benjamin F. Edwards & Company Inc. lifted its position in JPMorgan Equity Premium Income ETF by 14.6% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 41,666 shares of the company’s stock valued at $2,362,000 after purchasing an additional 5,300 shares during the period. Summit Trail Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $418,000. Bridgewealth Advisory Group LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 12.5% during the 2nd quarter. Bridgewealth Advisory Group LLC now owns 129,630 shares of the company’s stock worth $7,347,000 after buying an additional 14,384 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 8.6% during the second quarter. EverSource Wealth Advisors LLC now owns 106,199 shares of the company’s stock worth $6,104,000 after buying an additional 8,409 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $58.50 on Monday. The company’s 50 day simple moving average is $59.02 and its 200 day simple moving average is $58.44. 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 $34.33 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.