Cornerstone Wealth Group LLC Increases Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cornerstone Wealth Group LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,109 shares of the company’s stock after purchasing an additional 1,235 shares during the period. Cornerstone Wealth Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,470,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Salomon & Ludwin LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $25,000. HHM Wealth Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $28,000. Larson Financial Group LLC boosted its holdings 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 buying an additional 314 shares during the last quarter. Beaird Harris Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter worth about $38,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its holdings in 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 worth $41,000 after buying an additional 367 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.2 %

JEPI stock opened at $59.14 on Thursday. JPMorgan Equity Premium Income ETF has a 12-month low of $52.13 and a 12-month high of $59.97. The stock has a market cap of $34.71 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business’s 50-day moving average is $58.96 and its 200 day moving average is $57.41.

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.