Kestra Investment Management LLC Invests $633,000 in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Kestra Investment Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 10,642 shares of the company’s stock, valued at approximately $633,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at approximately $25,000. HHM Wealth Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the second quarter valued at $28,000. Running Point Capital Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after purchasing an additional 362 shares during the last quarter. Centerpoint Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth $43,000. Finally, Brown Lisle Cummings Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after buying an additional 255 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.2 %

Shares of NYSEARCA JEPI opened at $60.83 on Monday. The stock has a market capitalization of $35.70 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 $54.27 and a 12-month high of $60.88. The firm’s 50-day moving average price is $59.53 and its 200-day moving average price is $57.95.

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.