JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Iron Horse Wealth Management LLC’s 9th Largest Position

Iron Horse Wealth Management LLC increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 245,923 shares of the company’s stock after buying an additional 18,436 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 5.6% of Iron Horse Wealth Management LLC’s portfolio, making the stock its 9th largest position. Iron Horse Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $14,229,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wealth Management Partners LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Wealth Management Partners LLC now owns 9,820 shares of the company’s stock worth $540,000 after acquiring an additional 195 shares during the period. Paragon Private Wealth Management LLC increased its holdings in JPMorgan Equity Premium Income ETF by 2.3% during the 4th quarter. Paragon Private Wealth Management LLC now owns 8,628 shares of the company’s stock worth $474,000 after purchasing an additional 196 shares during the period. Perritt Capital Management Inc. raised its position in JPMorgan Equity Premium Income ETF by 44.4% during the 3rd quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after purchasing an additional 200 shares in the last quarter. Raleigh Capital Management Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 21.6% in the 4th quarter. Raleigh Capital Management Inc. now owns 1,126 shares of the company’s stock worth $62,000 after buying an additional 200 shares during the period. Finally, Salem Investment Counselors Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 17.5% during the 1st quarter. Salem Investment Counselors Inc. now owns 1,342 shares of the company’s stock worth $78,000 after buying an additional 200 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

Shares of JEPI stock traded down $0.06 on Friday, hitting $56.68. The stock had a trading volume of 2,478,110 shares, compared to its average volume of 3,290,957. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $57.94. The business has a 50 day moving average price of $56.59 and a 200 day moving average price of $56.31. The company has a market cap of $33.26 billion, a PE ratio of 24.40 and a beta of 0.53.

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.