Apollon Wealth Management LLC Buys 4,672 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Apollon Wealth Management LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 154,709 shares of the company’s stock after buying an additional 4,672 shares during the period. Apollon Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,506,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Wealth Management Partners LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Wealth Management Partners LLC now owns 9,820 shares of the company’s stock worth $540,000 after acquiring an additional 195 shares in the last quarter. Perritt Capital Management Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 44.4% during the 3rd quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock worth $35,000 after purchasing an additional 200 shares in the last quarter. Wealth Alliance raised its stake in shares of JPMorgan Equity Premium Income ETF by 5.8% in the third quarter. Wealth Alliance now owns 3,930 shares of the company’s stock worth $211,000 after purchasing an additional 214 shares during the last quarter. Meeder Advisory Services Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 0.4% in the third quarter. Meeder Advisory Services Inc. now owns 50,001 shares of the company’s stock valued at $2,678,000 after purchasing an additional 217 shares in the last quarter. Finally, Resolute Wealth Strategies LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 0.9% during the fourth quarter. Resolute Wealth Strategies LLC now owns 25,415 shares of the company’s stock valued at $1,397,000 after buying an additional 233 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.5 %

JPMorgan Equity Premium Income ETF stock traded up $0.31 during trading on Tuesday, hitting $56.68. 2,571,483 shares of the company were exchanged, compared to its average volume of 3,528,201. The business’s 50 day moving average is $56.76 and its 200 day moving average is $55.53. JPMorgan Equity Premium Income ETF has a 52 week low of $51.38 and a 52 week high of $57.94. The company has a market capitalization of $33.26 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.