Wealthcare Capital Management LLC Raises Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Wealthcare Capital Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 115.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,340 shares of the company’s stock after buying an additional 8,745 shares during the quarter. Wealthcare Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $945,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of JEPI. Wealth Management Partners LLC raised its stake in JPMorgan Equity Premium Income ETF by 2.0% in the fourth quarter. Wealth Management Partners LLC now owns 9,820 shares of the company’s stock valued at $540,000 after purchasing an additional 195 shares in the last quarter. Paragon Private Wealth Management LLC grew its position in JPMorgan Equity Premium Income ETF by 2.3% in the fourth quarter. Paragon Private Wealth Management LLC now owns 8,628 shares of the company’s stock worth $474,000 after acquiring an additional 196 shares in the last quarter. Perritt Capital Management Inc. grew its position in JPMorgan Equity Premium Income ETF by 44.4% in the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock worth $35,000 after acquiring an additional 200 shares in the last quarter. Raleigh Capital Management Inc. increased its stake in JPMorgan Equity Premium Income ETF by 21.6% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,126 shares of the company’s stock valued at $62,000 after acquiring an additional 200 shares during the last quarter. Finally, Salem Investment Counselors Inc. raised its position in JPMorgan Equity Premium Income ETF by 17.5% during the first quarter. Salem Investment Counselors Inc. now owns 1,342 shares of the company’s stock valued at $78,000 after purchasing an additional 200 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.0 %

Shares of NYSEARCA JEPI traded up $0.01 during trading hours on Thursday, reaching $56.73. 791,653 shares of the stock traded hands, compared to its average volume of 3,282,639. The company’s 50-day simple moving average is $56.54 and its two-hundred day simple moving average is $56.29. The company has a market capitalization of $33.29 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $57.94.

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.