Vivid Wealth Management LLC Has $5.96 Million Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Vivid Wealth Management LLC grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 103,517 shares of the company’s stock after acquiring an additional 2,528 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 3.0% of Vivid Wealth Management LLC’s portfolio, making the stock its 6th largest holding. Vivid Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,955,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Salomon & Ludwin LLC bought a new position in JPMorgan Equity Premium Income ETF in the third quarter worth $25,000. Ulland Investment Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth $31,000. Running Point Capital Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after acquiring an additional 362 shares in the last quarter. Missouri Trust & Investment Co raised its stake in JPMorgan Equity Premium Income ETF by 737.2% during the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after acquiring an additional 634 shares in the last quarter. Finally, Brown Lisle Cummings Inc. raised its stake in JPMorgan Equity Premium Income ETF by 48.0% during the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after acquiring an additional 255 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $59.17 on Friday. The stock has a fifty day moving average price of $58.58 and a two-hundred day moving average price of $58.73. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The firm has a market capitalization of $34.72 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.