Assetmark Inc. Increases Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Assetmark Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 16.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 138,785 shares of the company’s stock after purchasing an additional 19,261 shares during the period. Assetmark Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $7,866,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Walled Lake Planning & Wealth Management LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 2.7% during the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock worth $369,000 after purchasing an additional 171 shares during the last quarter. Wealth Effects LLC grew its stake in JPMorgan Equity Premium Income ETF by 0.6% in the fourth quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock valued at $1,809,000 after purchasing an additional 173 shares during the last quarter. Aspen Wealth Strategies LLC grew its stake in JPMorgan Equity Premium Income ETF by 4.5% in the fourth quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock valued at $231,000 after purchasing an additional 174 shares during the last quarter. Morey & Quinn Wealth Partners LLC raised its holdings in JPMorgan Equity Premium Income ETF by 4.9% in the fourth quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock worth $213,000 after purchasing an additional 175 shares in the last quarter. Finally, 3Chopt Investment Partners LLC raised its holdings in JPMorgan Equity Premium Income ETF by 9.0% in the first quarter. 3Chopt Investment Partners LLC now owns 2,143 shares of the company’s stock worth $121,000 after purchasing an additional 177 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $56.39 on Tuesday. The firm has a market cap of $44.99 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. The firm has a 50-day simple moving average of $56.17 and a two-hundred day simple moving average of $57.26. JPMorgan Equity Premium Income ETF has a one year low of $55.10 and a one year high of $59.90.

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