Legacy Capital Wealth Partners LLC Purchases 36,806 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Legacy Capital Wealth Partners LLC grew its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 98.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,304 shares of the company’s stock after acquiring an additional 36,806 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 0.7% of Legacy Capital Wealth Partners LLC’s holdings, making the stock its 21st largest holding. Legacy Capital Wealth Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,422,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Salomon & Ludwin LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $25,000. HHM Wealth Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $28,000. Beaird Harris Wealth Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $38,000. Centerpoint Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $43,000. Finally, Brown Lisle Cummings Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 48.0% during the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after buying an additional 255 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.6 %

Shares of NYSEARCA:JEPI opened at $60.03 on Friday. The stock has a market cap of $35.23 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 $53.33 and a 12-month high of $60.10. The business’s 50 day moving average is $59.06 and its 200 day moving average is $57.57.

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.