79,198 Shares in JPMorgan Equity Premium Income ETF $JEPI Bought by Core Wealth Advisors LLC

Core Wealth Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, Holdings Channel.com reports. The fund purchased 79,198 shares of the company’s stock, valued at approximately $4,533,000. JPMorgan Equity Premium Income ETF makes up 2.8% of Core Wealth Advisors LLC’s holdings, making the stock its 9th largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JEPI. Tcfg Wealth Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 3,843.5% during the 3rd quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock worth $47,498,000 after buying an additional 810,739 shares during the period. RiverFront Investment Group LLC increased its stake in JPMorgan Equity Premium Income ETF by 24.0% during the 4th quarter. RiverFront Investment Group LLC now owns 3,804,642 shares of the company’s stock worth $217,778,000 after buying an additional 737,043 shares during the period. Bank of America Corp DE increased its stake in JPMorgan Equity Premium Income ETF by 2.1% during the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after buying an additional 690,960 shares during the period. Raymond James Financial Inc. increased its stake in JPMorgan Equity Premium Income ETF by 9.9% during the 2nd quarter. Raymond James Financial Inc. now owns 7,072,179 shares of the company’s stock worth $402,053,000 after buying an additional 636,586 shares during the period. Finally, Jones Financial Companies Lllp increased its stake in JPMorgan Equity Premium Income ETF by 40.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,027,327 shares of the company’s stock worth $115,436,000 after buying an additional 581,218 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $56.04 on Friday. JPMorgan Equity Premium Income ETF has a 12-month low of $55.15 and a 12-month high of $59.90. The company has a market capitalization of $44.40 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56. The firm’s fifty day moving average price is $56.68 and its 200 day moving average price is $57.54.

JPMorgan Equity Premium Income ETF 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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.