JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Position Raised by SkyOak Wealth LLC

SkyOak Wealth LLC lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 34,052 shares of the company’s stock after buying an additional 996 shares during the quarter. SkyOak Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,930,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. HHM Wealth Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $28,000. Larson Financial Group LLC lifted its position in shares of 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 worth $32,000 after buying an additional 314 shares during the last quarter. Burkett Financial Services LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter worth about $35,000. Morris Financial Concepts Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 114.1% during the 1st quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after acquiring an additional 331 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at about $38,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $59.01 on Wednesday. The stock’s 50 day simple moving average is $57.34 and its 200 day simple moving average is $56.93. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $59.15. The company has a market capitalization of $34.63 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.