NewEdge Wealth LLC Purchases 1,378 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

NewEdge Wealth LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 109,964 shares of the company’s stock after purchasing an additional 1,378 shares during the quarter. NewEdge Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,326,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Whipplewood Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $2,186,000. Pointe Capital Management LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 2.7% in the fourth quarter. Pointe Capital Management LLC now owns 22,105 shares of the company’s stock worth $1,272,000 after acquiring an additional 590 shares during the last quarter. Sincerus Advisory LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $372,000. Red Crane Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $1,193,000. Finally, Armstrong Fleming & Moore Inc grew its stake in shares of JPMorgan Equity Premium Income ETF by 4.0% in the fourth quarter. Armstrong Fleming & Moore Inc now owns 10,916 shares of the company’s stock worth $628,000 after acquiring an additional 424 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.7 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.69 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The company’s fifty day simple moving average is $58.62 and its 200-day simple moving average is $58.92. The company has a market cap of $39.23 billion, a price-to-earnings ratio of 25.75 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.