Insight 2811 Inc. Buys Shares of 4,390 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Insight 2811 Inc. purchased a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 4,390 shares of the company’s stock, valued at approximately $249,000.

Several other hedge funds also recently made changes to their positions in the stock. Larson Financial Group LLC lifted its stake in JPMorgan Equity Premium Income ETF by 129.8% in the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock worth $32,000 after purchasing an additional 314 shares in the last quarter. Burkett Financial Services LLC bought a new stake in JPMorgan Equity Premium Income ETF during the first quarter valued at $35,000. Morris Financial Concepts Inc. grew its position in JPMorgan Equity Premium Income ETF by 114.1% during the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after buying an additional 331 shares in the last quarter. Beaird Harris Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF in the 1st quarter worth about $38,000. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 105.2% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock valued at $41,000 after acquiring an additional 367 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.7 %

Shares of NYSEARCA JEPI traded down $0.40 during midday trading on Friday, hitting $57.53. 3,309,433 shares of the company’s stock were exchanged, compared to its average volume of 3,230,208. The business’s fifty day moving average price is $57.06 and its two-hundred day moving average price is $56.86. The company has a market cap of $33.76 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $58.85.

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.