SMART Wealth LLC Acquires 9,563 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

SMART Wealth LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 12.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 85,771 shares of the company’s stock after purchasing an additional 9,563 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 2.0% of SMART Wealth LLC’s investment portfolio, making the stock its 15th biggest holding. SMART Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,104,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JEPI. Strategic Financial Concepts LLC increased its stake in JPMorgan Equity Premium Income ETF by 6,254.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock valued at $595,000 after buying an additional 1,032,746 shares during the last quarter. Eaton Financial Holdings Company LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $51,202,000. World Investment Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF by 748.5% in the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after buying an additional 711,094 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $31,505,000. Finally, Envestnet Asset Management Inc. increased its stake in JPMorgan Equity Premium Income ETF by 8.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock valued at $402,664,000 after buying an additional 539,682 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.1 %

Shares of JEPI stock opened at $59.43 on Monday. JPMorgan Equity Premium Income ETF has a 1 year low of $54.62 and a 1 year high of $60.88. The firm’s fifty day moving average price is $59.65 and its two-hundred day moving average price is $58.16. The firm has a market capitalization of $34.88 billion, a P/E ratio of 24.40 and a beta of 0.53.

About JPMorgan Equity Premium Income ETF

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.