B. Riley Wealth Advisors Inc. Purchases Shares of 42,846 JPMorgan Equity Premium Income ETF $JEPI

B. Riley Wealth Advisors Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 42,846 shares of the company’s stock, valued at approximately $2,436,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC bought a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $402,000. National Bank of Canada FI raised its position in shares of JPMorgan Equity Premium Income ETF by 121.1% during the 1st quarter. National Bank of Canada FI now owns 9,172 shares of the company’s stock valued at $524,000 after buying an additional 5,023 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of JPMorgan Equity Premium Income ETF by 201.9% during the 1st quarter. Russell Investments Group Ltd. now owns 1,129 shares of the company’s stock valued at $64,000 after buying an additional 755 shares in the last quarter. Cresset Asset Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 3.3% in the 1st quarter. Cresset Asset Management LLC now owns 285,515 shares of the company’s stock valued at $16,314,000 after acquiring an additional 9,189 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position in JPMorgan Equity Premium Income ETF by 14.9% in the first quarter. Raymond James Financial Inc. now owns 6,435,593 shares of the company’s stock worth $367,730,000 after acquiring an additional 833,285 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $57.73 on Monday. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $59.73. The business’s 50 day moving average is $56.98 and its two-hundred day moving average is $56.75. The stock has a market capitalization of $41.32 billion, a P/E ratio of 23.93 and a beta of 0.60.

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.