Nottingham Advisors Inc. Purchases 830,011 Shares of JPMorgan Equity Premium Income ETF $JEPI

Nottingham Advisors Inc. bought a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 830,011 shares of the company’s stock, valued at approximately $46,488,000. JPMorgan Equity Premium Income ETF makes up about 5.7% of Nottingham Advisors Inc.’s investment portfolio, making the stock its 5th biggest position. Nottingham Advisors Inc. owned 0.10% of JPMorgan Equity Premium Income ETF at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Hamilton Capital LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $84,219,000. Oakworth Capital Inc. bought a new stake in JPMorgan Equity Premium Income ETF in the third quarter worth approximately $41,768,000. Foguth Wealth Management LLC. increased its position in JPMorgan Equity Premium Income ETF by 366.7% during the first quarter. Foguth Wealth Management LLC. now owns 919,518 shares of the company’s stock worth $51,530,000 after buying an additional 722,490 shares during the last quarter. BOKF NA bought a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at approximately $33,567,000. Finally, Brookstone Capital Management acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter worth $33,302,000.

JPMorgan Equity Premium Income ETF Stock Down 0.3%

Shares of JEPI stock opened at $57.39 on Tuesday. The stock has a 50 day moving average of $56.93 and a 200-day moving average of $57.17. The firm has a market cap of $46.06 billion, a PE ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90.

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