Mccarter Private Wealth Services LLC Buys 16,896 Shares of JPMorgan Equity Premium Income ETF $JEPI

Mccarter Private Wealth Services LLC grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 216.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,685 shares of the company’s stock after acquiring an additional 16,896 shares during the quarter. Mccarter Private Wealth Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,410,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the stock. Mattern Wealth Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 1.8% in the second quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock worth $573,000 after purchasing an additional 178 shares during the last quarter. BOS Asset Management LLC raised its stake in JPMorgan Equity Premium Income ETF by 3.5% during the 3rd quarter. BOS Asset Management LLC now owns 5,213 shares of the company’s stock valued at $298,000 after buying an additional 178 shares during the last quarter. Highline Wealth Partners LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 13.5% during the 2nd quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock valued at $86,000 after buying an additional 180 shares during the period. First Horizon Advisors Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 9.0% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,221 shares of the company’s stock valued at $126,000 after buying an additional 183 shares during the period. Finally, SimpliFi Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.6% in the 2nd quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock worth $418,000 after buying an additional 186 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $57.95 on Wednesday. The firm has a market capitalization of $41.97 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $59.73. The business has a fifty day moving average of $57.21 and a 200 day moving average of $56.95.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.