Iron Horse Wealth Management LLC Has $14.23 Million Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Iron Horse Wealth Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 245,923 shares of the company’s stock after purchasing an additional 18,436 shares during the period. JPMorgan Equity Premium Income ETF comprises 5.6% of Iron Horse Wealth Management LLC’s holdings, making the stock its 9th largest position. Iron Horse Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $14,229,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Wealth Management Partners LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% in the fourth quarter. Wealth Management Partners LLC now owns 9,820 shares of the company’s stock valued at $540,000 after buying an additional 195 shares during the period. Paragon Private Wealth Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 2.3% in the fourth quarter. Paragon Private Wealth Management LLC now owns 8,628 shares of the company’s stock valued at $474,000 after purchasing an additional 196 shares during the period. Perritt Capital Management Inc. raised 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 valued at $35,000 after acquiring an additional 200 shares during the period. Raleigh Capital Management Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 21.6% during the fourth quarter. Raleigh Capital Management Inc. now owns 1,126 shares of the company’s stock worth $62,000 after acquiring an additional 200 shares in the last quarter. Finally, Salem Investment Counselors Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 17.5% in the first quarter. Salem Investment Counselors Inc. now owns 1,342 shares of the company’s stock worth $78,000 after acquiring an additional 200 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.1 %

Shares of NYSEARCA JEPI traded down $0.06 during mid-day trading on Friday, hitting $56.68. The company had a trading volume of 2,478,110 shares, compared to its average volume of 3,290,957. The stock’s 50-day moving average price is $56.59 and its 200-day moving average price is $56.31. The company has a market capitalization of $33.26 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $57.94.

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.