28,669 Shares in JPMorgan Equity Premium Income ETF $JEPI Bought by Nolet Wealth Management LLC

Nolet Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 28,669 shares of the company’s stock, valued at approximately $1,641,000. JPMorgan Equity Premium Income ETF accounts for approximately 0.9% of Nolet Wealth Management LLC’s holdings, making the stock its 20th largest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Walled Lake Planning & Wealth Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.7% during the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock valued at $369,000 after acquiring an additional 171 shares during the last quarter. Wealth Effects LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 0.6% in the fourth quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock worth $1,809,000 after purchasing an additional 173 shares during the last quarter. WESPAC Advisors SoCal LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 4.3% in the fourth quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock worth $239,000 after purchasing an additional 174 shares during the last quarter. Aspen Wealth Strategies LLC raised its stake in JPMorgan Equity Premium Income ETF by 4.5% in the fourth quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock valued at $231,000 after purchasing an additional 174 shares in the last quarter. Finally, Morey & Quinn Wealth Partners LLC raised its stake in JPMorgan Equity Premium Income ETF by 4.9% in the fourth quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock valued at $213,000 after purchasing an additional 175 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.10 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The firm has a market cap of $44.45 billion, a PE ratio of 23.93 and a beta of 0.54. The company has a 50 day simple moving average of $56.51 and a two-hundred day simple moving average of $57.43.

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