Smallwood Wealth Investment Management LLC Purchases 1,965 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Smallwood Wealth Investment Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 20.1% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,753 shares of the company’s stock after buying an additional 1,965 shares during the period. Smallwood Wealth Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $676,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of JEPI. Mattern Wealth Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 2.2% during the 3rd quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock valued at $480,000 after purchasing an additional 174 shares during the last quarter. Empirical Asset Management LLC increased its holdings in JPMorgan Equity Premium Income ETF by 4.0% during the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock worth $278,000 after buying an additional 179 shares during the last quarter. Aviance Capital Partners LLC raised its position in JPMorgan Equity Premium Income ETF by 1.1% in the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock worth $1,030,000 after acquiring an additional 194 shares during the period. Fortis Advisors LLC raised its position in JPMorgan Equity Premium Income ETF by 2.0% in the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after acquiring an additional 196 shares during the period. Finally, Hudock Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 4.5% in the third quarter. Hudock Inc. now owns 4,608 shares of the company’s stock valued at $274,000 after acquiring an additional 199 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.5 %

Shares of JEPI stock opened at $59.14 on Friday. The firm has a market cap of $34.71 billion, a P/E ratio of 24.40 and a beta of 0.53. The company has a 50 day moving average of $58.93 and a 200-day moving average of $58.48. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88.

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.