JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Vivid Wealth Management LLC’s 6th Largest Position

Vivid Wealth Management LLC lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 100,989 shares of the company’s stock after buying an additional 15,958 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 3.1% of Vivid Wealth Management LLC’s portfolio, making the stock its 6th biggest holding. Vivid Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,010,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Cetera Investment Advisers lifted its holdings in JPMorgan Equity Premium Income ETF by 406.2% during the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after purchasing an additional 3,318,702 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 6,254.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock worth $595,000 after buying an additional 1,032,746 shares during the period. JPMorgan Chase & Co. increased its stake in JPMorgan Equity Premium Income ETF by 3.8% in the 1st quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock worth $1,274,807,000 after buying an additional 815,598 shares in the last quarter. First Foundation Advisors raised its holdings in JPMorgan Equity Premium Income ETF by 91.9% during the first quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock valued at $69,611,000 after acquiring an additional 576,068 shares during the period. Finally, RiverFront Investment Group LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 25.3% in the first quarter. RiverFront Investment Group LLC now owns 2,839,375 shares of the company’s stock valued at $164,286,000 after acquiring an additional 573,494 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI traded up $0.19 during mid-day trading on Monday, reaching $59.42. The company’s stock had a trading volume of 999,799 shares, compared to its average volume of 3,119,640. The stock has a fifty day moving average of $58.87 and a two-hundred day moving average of $57.35. The firm has a market capitalization of $34.87 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $51.74 and a 52 week high of $59.97.

JPMorgan Equity Premium Income ETF Company 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.