Kathmere Capital Management LLC Buys New Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Kathmere Capital Management LLC bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 492,938 shares of the company’s stock, valued at approximately $27,274,000. JPMorgan Equity Premium Income ETF makes up approximately 4.2% of Kathmere Capital Management LLC’s portfolio, making the stock its 6th biggest holding. Kathmere Capital Management LLC owned 0.11% of JPMorgan Equity Premium Income ETF at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in JEPI. EisnerAmper Wealth Management Corporate Benefits LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at $1,378,000. Gradient Investments LLC raised its stake in JPMorgan Equity Premium Income ETF by 45.7% in the second quarter. Gradient Investments LLC now owns 1,175,489 shares of the company’s stock valued at $65,040,000 after buying an additional 368,726 shares in the last quarter. Mechanics Bank Trust Department raised its stake in JPMorgan Equity Premium Income ETF by 18.6% in the second quarter. Mechanics Bank Trust Department now owns 191,432 shares of the company’s stock valued at $10,592,000 after buying an additional 30,034 shares in the last quarter. Trinity Legacy Partners LLC raised its stake in JPMorgan Equity Premium Income ETF by 14.5% in the second quarter. Trinity Legacy Partners LLC now owns 163,606 shares of the company’s stock valued at $9,052,000 after buying an additional 20,771 shares in the last quarter. Finally, Level Four Advisory Services LLC raised its stake in JPMorgan Equity Premium Income ETF by 101.6% in the second quarter. Level Four Advisory Services LLC now owns 42,992 shares of the company’s stock valued at $2,379,000 after buying an additional 21,662 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $55.19 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $49.92 and a 1-year high of $56.92. The stock’s fifty day moving average is $55.30 and its two-hundred day moving average is $54.64. The stock has a market cap of $28.59 billion, a PE ratio of 21.55 and a beta of 0.62.

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.