Iron Horse Wealth Management LLC Grows Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Iron Horse Wealth Management LLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 269,263 shares of the company’s stock after acquiring an additional 14,210 shares during the period. JPMorgan Equity Premium Income ETF comprises 5.5% of Iron Horse Wealth Management LLC’s investment portfolio, making the stock its 9th biggest holding. Iron Horse Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $16,024,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Cetera Investment Advisers raised its holdings in shares of JPMorgan Equity Premium Income ETF by 406.2% in the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after purchasing an additional 3,318,702 shares during the last quarter. Strategic Financial Concepts LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 6,254.5% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock worth $595,000 after buying an additional 1,032,746 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 3.8% in the 1st quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock worth $1,274,807,000 after buying an additional 815,598 shares during the last quarter. First Foundation Advisors grew its holdings in shares of JPMorgan Equity Premium Income ETF by 91.9% in the first quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock valued at $69,611,000 after acquiring an additional 576,068 shares in the last quarter. Finally, RiverFront Investment Group LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 25.3% during the first quarter. RiverFront Investment Group LLC now owns 2,839,375 shares of the company’s stock worth $164,286,000 after acquiring an additional 573,494 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI traded down $0.19 during trading on Wednesday, reaching $59.41. The company’s stock had a trading volume of 894,697 shares, compared to its average volume of 3,127,711. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $59.97. The firm has a market cap of $34.86 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The firm has a 50 day moving average of $58.76 and a 200-day moving average of $57.30.

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.