New Wave Wealth Advisors LLC Makes New Investment in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

New Wave Wealth Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 2,154 shares of the company’s stock, valued at approximately $124,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of JEPI. JPMorgan Chase & Co. boosted its holdings in JPMorgan Equity Premium Income ETF by 18.8% during the third 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 in the last quarter. Eaton Financial Holdings Company LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth $51,202,000. World Investment Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 748.5% in the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock worth $47,971,000 after acquiring an additional 711,094 shares during the last quarter. Marks Wealth LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter worth $29,284,000. Finally, LPL Financial LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 28.0% during the third quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock valued at $113,083,000 after purchasing an additional 416,013 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.3 %

Shares of JEPI opened at $58.97 on Friday. The business’s 50-day moving average price is $58.86 and its 200 day moving average price is $58.59. The stock 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 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.