103,106 Shares in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Bought by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 103,106 shares of the company’s stock, valued at approximately $5,966,000. JPMorgan Equity Premium Income ETF makes up 3.2% of Foguth Wealth Management LLC.’s investment portfolio, making the stock its 5th biggest position.

Other institutional investors have also recently bought and sold shares of the company. Asset Allocation Strategies LLC raised its position in JPMorgan Equity Premium Income ETF by 3.6% in the 4th quarter. Asset Allocation Strategies LLC now owns 7,245 shares of the company’s stock valued at $398,000 after buying an additional 253 shares during the last quarter. Global Trust Asset Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 146.8% during the first quarter. Global Trust Asset Management LLC now owns 1,513 shares of the company’s stock valued at $88,000 after purchasing an additional 900 shares in the last quarter. Mosley Wealth Management purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $578,000. Optimum Investment Advisors grew its position in JPMorgan Equity Premium Income ETF by 331.3% in the 1st quarter. Optimum Investment Advisors now owns 1,294 shares of the company’s stock worth $75,000 after purchasing an additional 994 shares in the last quarter. Finally, Sapient Capital LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $285,000.

JPMorgan Equity Premium Income ETF Trading Down 0.1 %

Shares of JEPI traded down $0.06 on Friday, reaching $56.68. 2,478,110 shares of the company’s stock traded hands, compared to its average volume of 3,290,957. The stock’s 50 day simple moving average is $56.59 and its two-hundred day simple moving average is $56.31. The stock has a market cap of $33.26 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $57.94.

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.