B. Riley Wealth Advisors Inc. Purchases 25,645 Shares of JPMorgan Equity Premium Income ETF $JEPI

B. Riley Wealth Advisors Inc. lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 59.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,491 shares of the company’s stock after buying an additional 25,645 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,911,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of JEPI. Mattern Wealth Management LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 1.8% during the second quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock valued at $573,000 after buying an additional 178 shares during the last quarter. BOS Asset Management LLC boosted its stake in JPMorgan Equity Premium Income ETF by 3.5% during the 3rd quarter. BOS Asset Management LLC now owns 5,213 shares of the company’s stock valued at $298,000 after purchasing an additional 178 shares during the last quarter. First Horizon Advisors Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 9.0% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,221 shares of the company’s stock worth $126,000 after purchasing an additional 183 shares in the last quarter. SimpliFi Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 2.6% in the second quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock worth $418,000 after purchasing an additional 186 shares during the last quarter. Finally, Comprehensive Money Management Services LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 3.6% in the third quarter. Comprehensive Money Management Services LLC now owns 5,428 shares of the company’s stock worth $310,000 after purchasing an additional 188 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $58.38 on Monday. The stock has a market capitalization of $42.75 billion, a P/E ratio of 23.93 and a beta of 0.60. The company’s 50-day simple moving average is $57.60 and its two-hundred day simple moving average is $57.09. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $59.73.

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