10,642 Shares in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Purchased by Kestra Investment Management LLC

Kestra Investment Management LLC acquired a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,642 shares of the company’s stock, valued at approximately $633,000.

Several other large investors have also modified their holdings of JEPI. Lavaca Capital LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter worth about $649,000. B&L Asset Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $524,000. Plotkin Financial Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $1,857,000. Tradition Wealth Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 2.1% during the third quarter. Tradition Wealth Management LLC now owns 295,388 shares of the company’s stock worth $17,579,000 after acquiring an additional 5,958 shares during the period. Finally, Encompass More Asset Management bought a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $261,000.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

Shares of NYSEARCA:JEPI opened at $60.83 on Monday. The business’s 50 day moving average is $59.53 and its 200 day moving average is $57.95. The stock has a market cap of $35.70 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52-week low of $54.27 and a 52-week high of $60.88.

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.