Waverly Advisors LLC Purchases 12,342 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Waverly Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 25.1% in the first quarter, according to its most recent filing with the SEC. The fund owned 61,442 shares of the company’s stock after acquiring an additional 12,342 shares during the quarter. Waverly Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,555,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JEPI. Econ Financial Services Corp bought a new stake in JPMorgan Equity Premium Income ETF in the first quarter worth $1,145,000. Wick Capital Partners LLC lifted its position in JPMorgan Equity Premium Income ETF by 32.6% in the first quarter. Wick Capital Partners LLC now owns 190,479 shares of the company’s stock worth $11,021,000 after buying an additional 46,799 shares during the last quarter. Beaird Harris Wealth Management LLC bought a new stake in JPMorgan Equity Premium Income ETF in the first quarter worth $38,000. Morse Asset Management Inc bought a new stake in JPMorgan Equity Premium Income ETF in the first quarter worth $904,000. Finally, CoreFirst Bank & Trust lifted its position in JPMorgan Equity Premium Income ETF by 23.7% in the first quarter. CoreFirst Bank & Trust now owns 29,937 shares of the company’s stock worth $1,732,000 after buying an additional 5,735 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.2 %

JEPI traded down $0.10 during trading on Tuesday, reaching $56.92. The company had a trading volume of 2,272,336 shares, compared to its average volume of 3,224,286. The stock has a market cap of $33.40 billion, a P/E ratio of 24.40 and a beta of 0.53. The business has a 50 day simple moving average of $56.61 and a 200-day simple moving average of $56.56. 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.