Welch Group LLC Takes $434,000 Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Welch Group LLC purchased a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 7,496 shares of the company’s stock, valued at approximately $434,000.

A number of other large investors also recently bought and sold shares of JEPI. Mattern Wealth Management LLC lifted its position in JPMorgan Equity Premium Income ETF by 2.2% in the 3rd quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock valued at $480,000 after acquiring an additional 174 shares in the last quarter. Empirical Asset Management LLC grew 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 valued at $278,000 after purchasing an additional 179 shares during the period. Landmark Wealth Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 5.1% during the 4th quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock valued at $221,000 after buying an additional 185 shares in the last quarter. Aviance Capital Partners LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 1.1% during the 3rd quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after acquiring an additional 194 shares during the period. Finally, Fortis Advisors LLC increased its holdings in JPMorgan Equity Premium Income ETF by 2.0% in the 4th quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after acquiring an additional 196 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $58.56 on Tuesday. The company has a 50 day simple moving average of $58.83 and a two-hundred day simple moving average of $58.62. The firm has a market cap of $34.36 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88.

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.