Purus Wealth Management LLC Acquires 18,618 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Purus Wealth Management LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 68.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,984 shares of the company’s stock after buying an additional 18,618 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 1.0% of Purus Wealth Management LLC’s investment portfolio, making the stock its 24th biggest holding. Purus Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,645,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Mattern Wealth Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 2.2% during the 3rd quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock valued at $480,000 after acquiring an additional 174 shares during the last quarter. Empirical Asset Management LLC increased its holdings in JPMorgan Equity Premium Income ETF by 4.0% in the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock valued at $278,000 after purchasing an additional 179 shares during the last quarter. Aviance Capital Partners LLC lifted its stake in JPMorgan Equity Premium Income ETF by 1.1% in the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after buying an additional 194 shares during the period. Fortis Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after buying an additional 196 shares during the last quarter. Finally, Hudock Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 4.5% in the 3rd quarter. Hudock Inc. now owns 4,608 shares of the company’s stock valued at $274,000 after acquiring an additional 199 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $58.50 on Monday. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The stock has a market cap of $34.33 billion, a P/E ratio of 24.40 and a beta of 0.53. The firm has a 50 day moving average price of $59.02 and a 200 day moving average price of $58.44.

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.