World Investment Advisors boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 25.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 176,973 shares of the company’s stock after purchasing an additional 36,308 shares during the quarter. World Investment Advisors’ holdings in JPMorgan Equity Premium Income ETF were worth $10,191,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in JEPI. Consolidated Planning Corp increased its holdings in shares of JPMorgan Equity Premium Income ETF by 0.5% during the 4th quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock worth $1,931,000 after buying an additional 179 shares during the last quarter. Landmark Wealth Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 5.1% during the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after acquiring an additional 185 shares during the last quarter. Fortis Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after acquiring an additional 196 shares during the last quarter. Beam Wealth Advisors Inc. raised its position in JPMorgan Equity Premium Income ETF by 0.4% in the fourth quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock valued at $2,948,000 after purchasing an additional 196 shares during the period. Finally, Lakeridge Wealth Management LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 2.7% in the 4th quarter. Lakeridge Wealth Management LLC now owns 7,850 shares of the company’s stock valued at $452,000 after purchasing an additional 206 shares during the last quarter.
JPMorgan Equity Premium Income ETF Trading Up 0.4 %
Shares of NYSEARCA:JEPI opened at $57.00 on Thursday. The company has a market capitalization of $39.35 billion, a price-to-earnings ratio of 24.88 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The business has a 50-day moving average price of $58.31 and a 200 day moving average price of $58.83.
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.
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