JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Lokken Investment Group LLC

Lokken Investment Group LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 19,352 shares of the company’s stock after acquiring an additional 602 shares during the period. Lokken Investment Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,097,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Blair William & Co. IL lifted its holdings in JPMorgan Equity Premium Income ETF by 10.7% during the 2nd quarter. Blair William & Co. IL now owns 128,675 shares of the company’s stock worth $7,293,000 after buying an additional 12,472 shares during the last quarter. Waterloo Capital L.P. lifted its stake in JPMorgan Equity Premium Income ETF by 8.2% during the second quarter. Waterloo Capital L.P. now owns 111,554 shares of the company’s stock worth $6,323,000 after purchasing an additional 8,424 shares during the last quarter. Zega Financial LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 104.5% in the second quarter. Zega Financial LLC now owns 34,968 shares of the company’s stock worth $1,982,000 after purchasing an additional 17,869 shares during the period. Purus Wealth Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 2.2% during the second quarter. Purus Wealth Management LLC now owns 26,362 shares of the company’s stock valued at $1,494,000 after purchasing an additional 567 shares during the last quarter. Finally, Wealth Alliance raised its holdings in shares of JPMorgan Equity Premium Income ETF by 2.9% during the second quarter. Wealth Alliance now owns 15,383 shares of the company’s stock worth $872,000 after purchasing an additional 435 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $59.01 on Wednesday. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $59.15. The company has a 50-day simple moving average of $57.34 and a 200-day simple moving average of $56.93. The firm has a market capitalization of $34.63 billion, a PE ratio of 24.40 and a beta of 0.53.

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.