JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Ergawealth Advisors Inc.’s Largest Position

Ergawealth Advisors Inc. decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 491,771 shares of the company’s stock after selling 109,640 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 16.6% of Ergawealth Advisors Inc.’s holdings, making the stock its biggest position. Ergawealth Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $27,038,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Wealth Management Partners LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% during the 4th quarter. Wealth Management Partners LLC now owns 9,820 shares of the company’s stock valued at $540,000 after acquiring an additional 195 shares during the period. Perritt Capital Management Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 44.4% during the 3rd quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after acquiring an additional 200 shares during the period. First Capital Advisors Group LLC. grew its stake in shares of JPMorgan Equity Premium Income ETF by 18.6% during the 1st quarter. First Capital Advisors Group LLC. now owns 1,280 shares of the company’s stock valued at $70,000 after acquiring an additional 201 shares during the period. Wealth Dimensions Group Ltd. boosted its stake in JPMorgan Equity Premium Income ETF by 0.9% in the 2nd quarter. Wealth Dimensions Group Ltd. now owns 24,009 shares of the company’s stock worth $1,328,000 after purchasing an additional 213 shares during the period. Finally, Wealth Alliance boosted its stake in JPMorgan Equity Premium Income ETF by 5.8% in the 3rd quarter. Wealth Alliance now owns 3,930 shares of the company’s stock worth $211,000 after purchasing an additional 214 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

JEPI stock traded up $0.09 during midday trading on Tuesday, hitting $55.78. The company’s stock had a trading volume of 3,083,553 shares, compared to its average volume of 3,616,495. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $57.94. The firm has a market capitalization of $32.68 billion, a price-to-earnings ratio of 24.51 and a beta of 0.54. The company has a 50 day moving average of $56.87 and a two-hundred day moving average of $55.25.

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.