Focused Wealth Management Inc Has $4.39 Million Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Focused Wealth Management Inc lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,699 shares of the company’s stock after acquiring an additional 1,006 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 0.6% of Focused Wealth Management Inc’s holdings, making the stock its 28th biggest holding. Focused Wealth Management Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $4,386,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of JEPI. Mattern Wealth Management LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 2.2% in the third quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock worth $480,000 after acquiring an additional 174 shares in the last quarter. Empirical Asset Management LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 4.0% in the 3rd quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock valued at $278,000 after purchasing an additional 179 shares during the period. FSC Wealth Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF by 2.9% during the 2nd quarter. FSC Wealth Advisors LLC now owns 6,774 shares of the company’s stock worth $384,000 after purchasing an additional 188 shares in the last quarter. Hixon Zuercher LLC raised its holdings in JPMorgan Equity Premium Income ETF by 3.7% during the 2nd quarter. Hixon Zuercher LLC now owns 5,336 shares of the company’s stock worth $302,000 after buying an additional 190 shares during the period. Finally, Hudock Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 4.5% during the third quarter. Hudock Inc. now owns 4,608 shares of the company’s stock worth $274,000 after acquiring an additional 199 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.8 %

JEPI stock opened at $58.89 on Wednesday. The stock has a 50-day moving average price of $58.98 and a two-hundred day moving average price of $57.48. JPMorgan Equity Premium Income ETF has a 1 year low of $53.33 and a 1 year high of $59.97. The stock has a market cap of $34.56 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.