Forefront Wealth Management Inc. Acquires Shares of 118,236 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Forefront Wealth Management Inc. acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, Holdings Channel reports. The fund acquired 118,236 shares of the company’s stock, valued at approximately $6,802,000. JPMorgan Equity Premium Income ETF comprises approximately 6.3% of Forefront Wealth Management Inc.’s investment portfolio, making the stock its 4th largest position.

Several other large investors also recently bought and sold shares of the stock. Consolidated Planning Corp boosted its stake in JPMorgan Equity Premium Income ETF by 0.5% in the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock valued at $1,931,000 after acquiring an additional 179 shares in the last quarter. Landmark Wealth Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 5.1% during the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after buying an additional 185 shares during the period. Fortis Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after buying an additional 196 shares during the period. Beam Wealth Advisors Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 0.4% during the fourth quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock worth $2,948,000 after buying an additional 196 shares during the period. Finally, Lakeridge Wealth Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.7% during the fourth quarter. Lakeridge Wealth Management LLC now owns 7,850 shares of the company’s stock worth $452,000 after buying an additional 206 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $57.11 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The company has a market capitalization of $39.04 billion, a price-to-earnings ratio of 24.79 and a beta of 0.61. The firm has a 50-day simple moving average of $58.46 and a 200-day simple moving average of $58.88.

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.