Mattern Wealth Management LLC Boosts Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Mattern Wealth Management LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,672 shares of the company’s stock after acquiring an additional 1,600 shares during the period. Mattern Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $556,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. JPMorgan Chase & Co. increased its position in JPMorgan Equity Premium Income ETF by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares in the last quarter. Cetera Investment Advisers grew its stake in JPMorgan Equity Premium Income ETF by 1.3% during the second quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock worth $237,377,000 after buying an additional 52,301 shares during the period. Commonwealth Equity Services LLC boosted its position in JPMorgan Equity Premium Income ETF by 8.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after purchasing an additional 285,180 shares during the period. HighTower Advisors LLC raised its position in JPMorgan Equity Premium Income ETF by 2.4% in the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock valued at $212,643,000 after purchasing an additional 83,858 shares during the period. Finally, RiverFront Investment Group LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 5.9% in the second quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock valued at $170,371,000 after buying an additional 166,821 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.3 %

NYSEARCA JEPI opened at $59.29 on Tuesday. The stock has a market cap of $34.79 billion, a PE ratio of 24.40 and a beta of 0.53. The business has a 50 day moving average price of $58.92 and a two-hundred day moving average price of $58.55. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88.

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.