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

StrongBox Wealth LLC reduced its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 144,924 shares of the company’s stock after selling 1,879 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 3.5% of StrongBox Wealth LLC’s holdings, making the stock its 6th biggest position. StrongBox Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,337,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of JEPI. One Capital Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth about $605,000. Edgestream Partners L.P. purchased a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at approximately $375,000. Wealth Alliance increased its stake in JPMorgan Equity Premium Income ETF by 2.9% in the 2nd quarter. Wealth Alliance now owns 15,383 shares of the company’s stock worth $872,000 after acquiring an additional 435 shares during the last quarter. Purus Wealth Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 2.2% during the 2nd quarter. Purus Wealth Management LLC now owns 26,362 shares of the company’s stock worth $1,494,000 after acquiring an additional 567 shares in the last quarter. Finally, Zega Financial LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 104.5% during the 2nd quarter. Zega Financial LLC now owns 34,968 shares of the company’s stock valued at $1,982,000 after acquiring an additional 17,869 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $58.00 on Thursday. The firm has a market cap of $34.04 billion, a PE ratio of 24.40 and a beta of 0.53. The firm has a fifty day moving average price of $59.07 and a 200 day moving average price of $58.39. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.72 and a fifty-two week high of $60.88.

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.