Gentry Private Wealth LLC Takes $458,000 Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Gentry Private Wealth LLC acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 8,077 shares of the company’s stock, valued at approximately $458,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings in JPMorgan Equity Premium Income ETF by 3.8% in the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after acquiring an additional 815,598 shares during the last quarter. Global Assets Advisory LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 5,858.1% in the first quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock valued at $356,724,000 after acquiring an additional 6,061,819 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 5.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,836,775 shares of the company’s stock valued at $320,906,000 after acquiring an additional 315,588 shares during the last quarter. Cetera Investment Advisers boosted its holdings in JPMorgan Equity Premium Income ETF by 406.2% in the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after acquiring an additional 3,318,702 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 14.6% in the second quarter. Commonwealth Equity Services LLC now owns 3,379,837 shares of the company’s stock valued at $191,569,000 after acquiring an additional 430,134 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $57.53 on Friday. The business’s 50 day simple moving average is $57.06 and its 200 day simple moving average is $56.85. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $58.85. The stock has a market capitalization of $33.76 billion, a PE ratio of 24.40 and a beta of 0.53.

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.