J.W. Cole Advisors Inc. Has $29.02 Million Stake in JPMorgan Equity Premium Income ETF $JEPI

J.W. Cole Advisors Inc. lowered its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 506,956 shares of the company’s stock after selling 21,582 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 0.6% of J.W. Cole Advisors Inc.’s portfolio, making the stock its 24th biggest holding. J.W. Cole Advisors Inc. owned about 0.07% of JPMorgan Equity Premium Income ETF worth $29,018,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in JEPI. Vise Technologies Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 540.4% in the 4th quarter. Vise Technologies Inc. now owns 63,199 shares of the company’s stock worth $3,618,000 after buying an additional 53,331 shares during the last quarter. Crescent Grove Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 163.6% in the 4th quarter. Crescent Grove Advisors LLC now owns 14,798 shares of the company’s stock worth $850,000 after buying an additional 9,184 shares during the last quarter. Cibc World Market Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.7% in the 4th quarter. Cibc World Market Inc. now owns 82,953 shares of the company’s stock worth $4,748,000 after buying an additional 2,160 shares during the last quarter. Lido Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.1% in the 4th quarter. Lido Advisors LLC now owns 403,182 shares of the company’s stock worth $23,032,000 after buying an additional 8,242 shares during the last quarter. Finally, Private Wealth Asset Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 69.4% in the 4th quarter. Private Wealth Asset Management LLC now owns 13,678 shares of the company’s stock worth $783,000 after buying an additional 5,603 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.5%

Shares of NYSEARCA JEPI opened at $55.71 on Friday. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The stock’s 50 day moving average price is $56.60 and its 200-day moving average price is $57.51. The company has a market capitalization of $44.14 billion, a PE ratio of 23.93 and a beta of 0.54.

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