Palacios Wealth Management LLC Acquires Shares of 12,683 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Palacios Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,683 shares of the company’s stock, valued at approximately $737,000. JPMorgan Equity Premium Income ETF accounts for 0.8% of Palacios Wealth Management LLC’s investment portfolio, making the stock its 26th biggest position.

Other institutional investors also recently bought and sold shares of the company. Salomon & Ludwin LLC acquired a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at $25,000. Ulland Investment Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $31,000. Running Point Capital Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF by 131.2% in 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 period. Missouri Trust & Investment Co increased its stake in shares of JPMorgan Equity Premium Income ETF by 737.2% during the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after acquiring an additional 634 shares during the period. Finally, Brown Lisle Cummings Inc. increased its stake 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 worth $47,000 after acquiring an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.4 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $59.28 on Friday. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The company’s 50-day simple moving average is $58.60 and its 200-day simple moving average is $58.72. The firm has a market cap of $34.79 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

About JPMorgan Equity Premium Income ETF

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.