Woodmont Investment Counsel LLC Invests $130,000 in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Woodmont Investment Counsel LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,254 shares of the company’s stock, valued at approximately $130,000.

Several other large investors also recently modified their holdings of JEPI. Panoramic Investment Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 13.0% in the 1st quarter. Panoramic Investment Advisors LLC now owns 45,749 shares of the company’s stock worth $2,647,000 after purchasing an additional 5,257 shares in the last quarter. Steele Capital Management Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 8.1% during the 1st quarter. Steele Capital Management Inc. now owns 295,780 shares of the company’s stock valued at $17,114,000 after acquiring an additional 22,243 shares in the last quarter. Bridgewealth Advisory Group LLC lifted its stake in JPMorgan Equity Premium Income ETF by 173.0% during the 1st quarter. Bridgewealth Advisory Group LLC now owns 115,246 shares of the company’s stock valued at $6,668,000 after acquiring an additional 73,031 shares in the last quarter. AlphaMark Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 12.8% during the 1st quarter. AlphaMark Advisors LLC now owns 7,956 shares of the company’s stock valued at $460,000 after acquiring an additional 902 shares in the last quarter. Finally, Hexagon Capital Partners LLC lifted its stake in JPMorgan Equity Premium Income ETF by 25.6% during the 1st quarter. Hexagon Capital Partners LLC now owns 24,954 shares of the company’s stock valued at $1,444,000 after acquiring an additional 5,089 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI traded up $0.06 during mid-day trading on Tuesday, reaching $56.17. 2,406,213 shares of the company’s stock were exchanged, compared to its average volume of 3,283,140. The firm has a market capitalization of $32.96 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $51.38 and a 52 week high of $57.94. The firm has a 50-day moving average price of $56.59 and a two-hundred day moving average price of $56.33.

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.