Wealth Enhancement Advisory Services LLC Increases Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Wealth Enhancement Advisory Services LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,409,739 shares of the company’s stock after buying an additional 2,234 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.24% of JPMorgan Equity Premium Income ETF worth $83,894,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of JEPI. Heritage Wealth Management Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth about $978,000. Citigroup Inc. boosted its position in JPMorgan Equity Premium Income ETF by 51.8% in the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after purchasing an additional 50,459 shares in the last quarter. Summit Wealth Partners LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock worth $4,360,000 after purchasing an additional 957 shares during the period. Horizon Advisory Services Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 0.5% during the 2nd quarter. Horizon Advisory Services Inc. now owns 472,229 shares of the company’s stock valued at $26,766,000 after purchasing an additional 2,158 shares in the last quarter. Finally, Brown Financial Advisors acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $3,263,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $57.06 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $54.72 and a 1 year high of $60.88. The company’s fifty day moving average price is $59.18 and its 200 day moving average price is $58.36. The company has a market capitalization of $33.48 billion, a PE 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.