JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Sets New 1-Year High at $58.87

JPMorgan Equity Premium Income ETF (NYSEARCA:JEPIGet Free Report)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $58.87 and last traded at $58.85, with a volume of 1030699 shares traded. The stock had previously closed at $58.50.

JPMorgan Equity Premium Income ETF Stock Performance

The company has a 50 day moving average of $57.23 and a two-hundred day moving average of $56.90. The stock has a market cap of $34.52 billion, a PE ratio of 24.40 and a beta of 0.53.

Institutional Investors Weigh In On JPMorgan Equity Premium Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of JEPI. HHM Wealth Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $28,000. Larson Financial Group LLC boosted its stake in JPMorgan Equity Premium Income ETF by 129.8% in the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after acquiring an additional 314 shares in the last quarter. Burkett Financial Services LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter worth approximately $35,000. Morris Financial Concepts Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 114.1% during the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after buying an additional 331 shares during the period. Finally, Beaird Harris Wealth Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at approximately $38,000.

About JPMorgan Equity Premium Income ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for JPMorgan Equity Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Equity Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.