Kingswood Wealth Advisors LLC Increases Holdings in JPMorgan Equity Premium Income ETF $JEPI

by · The Cerbat Gem

Kingswood Wealth Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 47.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 232,715 shares of the company’s stock after buying an additional 75,224 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 0.6% of Kingswood Wealth Advisors LLC’s investment portfolio, making the stock its 26th biggest holding. Kingswood Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $13,321,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. FNY Investment Advisers LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $28,000. BTG Pactual Asset Management US LLC purchased a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at $31,000. Logan Capital Management Inc. purchased a new position in JPMorgan Equity Premium Income ETF during the third quarter valued at $33,000. VSM Wealth Advisory LLC raised its stake in JPMorgan Equity Premium Income ETF by 84.1% during the third quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock valued at $34,000 after buying an additional 269 shares during the last quarter. Finally, BankPlus Trust Department purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $34,000.

JPMorgan Equity Premium Income ETF Trading Down 0.5%

Shares of NYSEARCA:JEPI opened at $57.50 on Wednesday. The stock has a fifty day simple moving average of $57.86 and a two-hundred day simple moving average of $57.62. The stock has a market capitalization of $44.97 billion, a price-to-earnings ratio of 23.93 and a beta of 0.58. JPMorgan Equity Premium Income ETF has a 12-month low of $53.13 and a 12-month high of $59.90.

About JPMorgan Equity Premium Income ETF

(Free Report)

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.

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