John A. Wolfe & Associates Inc. Makes New $11.13 Million Investment in JPMorgan Equity Premium Income ETF $JEPI

John A. Wolfe & Associates Inc. purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 194,526 shares of the company’s stock, valued at approximately $11,135,000. JPMorgan Equity Premium Income ETF accounts for about 4.7% of John A. Wolfe & Associates Inc.’s investment portfolio, making the stock its 5th largest holding.

Other hedge funds have also recently made changes to their positions in the company. Morgan Stanley raised its position in shares of JPMorgan Equity Premium Income ETF by 0.6% in the fourth quarter. Morgan Stanley now owns 47,234,309 shares of the company’s stock worth $2,703,692,000 after buying an additional 261,872 shares in the last quarter. Bank of America Corp DE boosted its stake in JPMorgan Equity Premium Income ETF by 2.1% during the second quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after buying an additional 690,960 shares during the period. Raymond James Financial Inc. grew its position in JPMorgan Equity Premium Income ETF by 11.4% during the fourth quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after buying an additional 825,889 shares in the last quarter. Nationwide Fund Advisors grew its position in JPMorgan Equity Premium Income ETF by 0.7% during the fourth quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock worth $405,826,000 after buying an additional 51,190 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in JPMorgan Equity Premium Income ETF by 7.2% in the 4th quarter. Cetera Investment Advisers now owns 5,530,763 shares of the company’s stock worth $316,581,000 after acquiring an additional 370,330 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $56.10 on Friday. The stock’s 50-day simple moving average is $56.48 and its two-hundred day simple moving average is $57.42. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The firm has a market capitalization of $44.45 billion, a P/E ratio of 23.93 and a beta of 0.54.

JPMorgan Equity Premium Income ETF 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.