Koa Wealth Management LLC Has $274,000 Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Koa Wealth Management LLC reduced its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 47.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,761 shares of the company’s stock after selling 4,329 shares during the period. Koa Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $274,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in shares of 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 buying an additional 3,536,406 shares during the last quarter. Eaton Financial Holdings Company LLC bought a new stake in JPMorgan Equity Premium Income ETF during the third quarter worth about $51,202,000. World Investment Advisors LLC boosted its position in JPMorgan Equity Premium Income ETF by 748.5% during the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after purchasing an additional 711,094 shares during the last quarter. Marks Wealth LLC bought a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $29,284,000. Finally, LPL Financial LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 28.0% during the 3rd quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock worth $113,083,000 after purchasing an additional 416,013 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.3 %

NYSEARCA JEPI opened at $59.13 on Friday. The firm’s fifty day moving average price is $58.89 and its two-hundred day moving average price is $58.57. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The firm has a market capitalization of $34.70 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.