Apollon Wealth Management LLC Has $8.51 Million Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Apollon Wealth Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 154,709 shares of the company’s stock after buying an additional 4,672 shares during the period. Apollon Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,506,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC bought a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $647,943,000. Morgan Stanley lifted its position in shares of JPMorgan Equity Premium Income ETF by 12.1% in the third quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock worth $1,751,195,000 after purchasing an additional 3,531,562 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 41.5% during the third quarter. Envestnet Asset Management Inc. now owns 5,521,187 shares of the company’s stock worth $295,715,000 after purchasing an additional 1,618,295 shares during the last quarter. Bank of New York Mellon Corp grew its position in JPMorgan Equity Premium Income ETF by 1,421.3% in the third quarter. Bank of New York Mellon Corp now owns 1,536,371 shares of the company’s stock valued at $82,288,000 after purchasing an additional 1,435,379 shares in the last quarter. Finally, UBS Group AG increased its stake in JPMorgan Equity Premium Income ETF by 21.5% in the 3rd quarter. UBS Group AG now owns 5,795,557 shares of the company’s stock valued at $310,410,000 after buying an additional 1,024,956 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI traded up $0.31 on Tuesday, hitting $56.68. 2,571,483 shares of the company’s stock were exchanged, compared to its average volume of 3,528,201. The company has a market cap of $33.26 billion, a P/E ratio of 24.40 and a beta of 0.53. The firm has a 50-day moving average price of $56.76 and a 200-day moving average price of $55.53. JPMorgan Equity Premium Income ETF has a 52 week low of $51.38 and a 52 week high of $57.94.

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.