Williams & Novak LLC Buys 3,440 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Williams & Novak LLC lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 37.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,734 shares of the company’s stock after acquiring an additional 3,440 shares during the period. Williams & Novak LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $733,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Mayflower Financial Advisors LLC raised its holdings in JPMorgan Equity Premium Income ETF by 4.4% in the fourth quarter. Mayflower Financial Advisors LLC now owns 31,475 shares of the company’s stock worth $1,811,000 after purchasing an additional 1,336 shares in the last quarter. Kennedy Investment Group increased its position in shares of JPMorgan Equity Premium Income ETF by 3.6% during the fourth quarter. Kennedy Investment Group now owns 101,235 shares of the company’s stock worth $5,824,000 after purchasing an additional 3,550 shares in the last quarter. Patriot Financial Group Insurance Agency LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 2.7% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 157,661 shares of the company’s stock worth $8,867,000 after purchasing an additional 4,176 shares in the last quarter. Investment Planning Advisors Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 1.0% during the 4th quarter. Investment Planning Advisors Inc. now owns 67,586 shares of the company’s stock valued at $3,888,000 after purchasing an additional 667 shares during the last quarter. Finally, Wealth Effects LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 3.5% in the 4th quarter. Wealth Effects LLC now owns 41,673 shares of the company’s stock worth $2,397,000 after purchasing an additional 1,420 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $58.98 on Wednesday. The business’s 50-day moving average is $58.91 and its 200 day moving average 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 $34.61 billion, a P/E 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.