Leelyn Smith LLC Has $1.05 Million Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Leelyn Smith LLC grew its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,518 shares of the company’s stock after purchasing an additional 878 shares during the quarter. Leelyn Smith LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,050,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. HHM Wealth Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $28,000. Larson Financial Group LLC grew 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 during the period. Burkett Financial Services LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $35,000. Morris Financial Concepts Inc. grew its stake in JPMorgan Equity Premium Income ETF by 114.1% in the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after acquiring an additional 331 shares during the period. Finally, Beaird Harris Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $38,000.

JPMorgan Equity Premium Income ETF Stock Up 0.5 %

Shares of NYSEARCA:JEPI opened at $58.81 on Friday. The stock has a market cap of $34.51 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 $51.38 and a 12-month high of $58.88. The business’s 50 day moving average is $57.28 and its 200 day moving average is $56.91.

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.