JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is IVC Wealth Advisors LLC’s 3rd Largest Position

IVC Wealth Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 168,421 shares of the company’s stock after purchasing an additional 8,273 shares during the quarter. JPMorgan Equity Premium Income ETF makes up 5.4% of IVC Wealth Advisors LLC’s portfolio, making the stock its 3rd biggest holding. IVC Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $9,689,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Galvin Gaustad & Stein LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 3.1% in the 4th quarter. Galvin Gaustad & Stein LLC now owns 31,297 shares of the company’s stock worth $1,800,000 after buying an additional 939 shares during the period. Avior Wealth Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 3.3% in the 4th quarter. Avior Wealth Management LLC now owns 70,658 shares of the company’s stock worth $4,065,000 after buying an additional 2,279 shares in the last quarter. Teamwork Financial Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 6.7% in the fourth quarter. Teamwork Financial Advisors LLC now owns 627,187 shares of the company’s stock worth $36,082,000 after acquiring an additional 39,204 shares in the last quarter. Mutual Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 9.5% in the 4th quarter. Mutual Advisors LLC now owns 120,358 shares of the company’s stock valued at $7,011,000 after purchasing an additional 10,448 shares in the last quarter. Finally, First PREMIER Bank increased its stake in shares of JPMorgan Equity Premium Income ETF by 13.3% in the fourth quarter. First PREMIER Bank now owns 47,358 shares of the company’s stock worth $2,725,000 after buying an additional 5,548 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $59.14 on Friday. The firm’s 50-day simple moving average is $58.93 and its 200-day simple moving average is $58.48. 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 cap of $34.71 billion, a PE ratio of 24.40 and a beta of 0.53.

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.