Capital Advisors Wealth Management LLC Boosts Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Capital Advisors Wealth Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 98,182 shares of the company’s stock after buying an additional 781 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 1.0% of Capital Advisors Wealth Management LLC’s investment portfolio, making the stock its 28th biggest holding. Capital Advisors Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,648,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Salomon & Ludwin LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $25,000. Running Point Capital Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after purchasing an additional 362 shares during the period. Brown Lisle Cummings Inc. boosted its position in JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after buying an additional 255 shares during the last quarter. Pathway Financial Advisers LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $49,000. Finally, Abound Wealth Management raised its position in JPMorgan Equity Premium Income ETF by 1,320.8% during the 4th quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock worth $63,000 after buying an additional 1,017 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.4 %

Shares of NYSEARCA JEPI opened at $58.25 on Friday. The company has a 50 day simple moving average of $59.07 and a two-hundred day simple moving average of $58.39. The stock has a market cap of $34.18 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $54.72 and a 12 month high of $60.88.

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.