32,224 Shares in JPMorgan Equity Premium Income ETF $JEPI Acquired by Grant Private Wealth Management Inc

Grant Private Wealth Management Inc purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 32,224 shares of the company’s stock, valued at approximately $1,840,000. JPMorgan Equity Premium Income ETF comprises 1.1% of Grant Private Wealth Management Inc’s investment portfolio, making the stock its 20th biggest position.

A number of other institutional investors have also modified their holdings of JEPI. Bartlett & CO. Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth approximately $25,000. GHP Investment Advisors Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at about $25,000. Clarity Asset Management Inc. acquired a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at approximately $25,000. Pin Oak Investment Advisors Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 73.6% in the second quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock worth $28,000 after buying an additional 212 shares during the last quarter. Finally, Asset Dedication LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $28,000.

JPMorgan Equity Premium Income ETF Stock Down 0.4%

Shares of NYSEARCA JEPI opened at $57.52 on Wednesday. The stock has a market capitalization of $41.17 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $59.73. The stock’s 50 day moving average price is $57.01 and its two-hundred day moving average price is $56.77.

About JPMorgan Equity Premium Income ETF

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.