Avidian Wealth Enterprises LLC Grows Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Avidian Wealth Enterprises LLC grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 41.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 19,284 shares of the company’s stock after buying an additional 5,668 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,109,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of JEPI. Salomon & Ludwin LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $25,000. Ulland Investment Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $31,000. Running Point Capital Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after buying an additional 362 shares during the period. Missouri Trust & Investment Co lifted its holdings in JPMorgan Equity Premium Income ETF by 737.2% in the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after buying an additional 634 shares during the period. Finally, Brown Lisle Cummings Inc. lifted its holdings in 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 period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $59.04 on Thursday. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The firm has a market capitalization of $34.65 billion, a P/E ratio of 24.40 and a beta of 0.53. The stock has a 50 day moving average price of $58.61 and a 200-day moving average price of $58.71.

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.