John A. Wolfe & Associates Inc. Takes $11.13 Million Position in JPMorgan Equity Premium Income ETF $JEPI

John A. Wolfe & Associates Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 194,526 shares of the company’s stock, valued at approximately $11,135,000. JPMorgan Equity Premium Income ETF accounts for approximately 4.7% of John A. Wolfe & Associates Inc.’s portfolio, making the stock its 5th biggest holding.

Other large investors also recently added to or reduced their stakes in the company. Crewe Advisors LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 32.9% during the fourth quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock worth $2,198,000 after acquiring an additional 9,514 shares in the last quarter. Cascade Wealth Advisors Inc grew its position in shares of JPMorgan Equity Premium Income ETF by 5.9% in the third quarter. Cascade Wealth Advisors Inc now owns 268,627 shares of the company’s stock valued at $15,237,000 after purchasing an additional 14,899 shares in the last quarter. Clearstead Trust LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 307.8% during the 3rd quarter. Clearstead Trust LLC now owns 79,494 shares of the company’s stock valued at $4,539,000 after purchasing an additional 59,999 shares during the period. Capital Investment Advisory Services LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 32.7% during the 4th quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock valued at $12,920,000 after purchasing an additional 55,610 shares during the period. Finally, Cyndeo Wealth Partners LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 90.4% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock worth $1,542,000 after purchasing an additional 12,790 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $56.10 on Friday. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The business has a 50-day simple moving average of $56.48 and a two-hundred day simple moving average of $57.42. The company has a market cap of $44.45 billion, a P/E ratio of 23.93 and a beta of 0.54.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.