Apollon Wealth Management LLC Has $44.27 Million Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Apollon Wealth Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 15.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 769,584 shares of the company’s stock after acquiring an additional 102,511 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 1.0% of Apollon Wealth Management LLC’s holdings, making the stock its 15th largest holding. Apollon Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $44,274,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of JEPI. Salomon & Ludwin LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $25,000. Ulland Investment Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $31,000. Running Point Capital Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after purchasing an additional 362 shares in the last quarter. Missouri Trust & Investment Co raised its position in JPMorgan Equity Premium Income ETF by 737.2% in the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after purchasing an additional 634 shares during the last quarter. Finally, Brown Lisle Cummings Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after buying an additional 255 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $58.79 on Friday. 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 capitalization of $34.50 billion, a P/E ratio of 24.40 and a beta of 0.53. The stock has a fifty day moving average of $58.68 and a 200-day moving average of $58.64.

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.