KFG Wealth Management LLC Raises Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

KFG Wealth Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 17.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,682 shares of the company’s stock after acquiring an additional 4,493 shares during the period. KFG Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,708,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of JEPI. Andina Capital Management LLC grew its position in JPMorgan Equity Premium Income ETF by 8.1% during the 4th quarter. Andina Capital Management LLC now owns 21,486 shares of the company’s stock worth $1,236,000 after purchasing an additional 1,610 shares during the last quarter. Archford Capital Strategies LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 109.2% during the fourth quarter. Archford Capital Strategies LLC now owns 9,277 shares of the company’s stock worth $534,000 after buying an additional 4,842 shares during the period. Patton Albertson Miller Group LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $260,000. Merkkuri Wealth Advisors LLC increased its position in JPMorgan Equity Premium Income ETF by 8.7% in the 4th quarter. Merkkuri Wealth Advisors LLC now owns 72,021 shares of the company’s stock valued at $4,143,000 after acquiring an additional 5,789 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in JPMorgan Equity Premium Income ETF by 1.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 233,664 shares of the company’s stock worth $13,443,000 after acquiring an additional 2,421 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $59.10 on Friday. The stock has a market capitalization of $34.68 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The company’s fifty day moving average is $58.93 and its two-hundred day moving average is $58.52.

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.