Leelyn Smith LLC Increases Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Leelyn Smith LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 445.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 120,173 shares of the company’s stock after acquiring an additional 98,133 shares during the period. JPMorgan Equity Premium Income ETF accounts for 1.0% of Leelyn Smith LLC’s investment portfolio, making the stock its 26th biggest position. Leelyn Smith LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,811,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. World Investment Advisors increased its position in shares of JPMorgan Equity Premium Income ETF by 5.2% in the first quarter. World Investment Advisors now owns 248,875 shares of the company’s stock valued at $14,106,000 after acquiring an additional 12,278 shares during the period. 4WEALTH Advisors Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.1% during the first quarter. 4WEALTH Advisors Inc. now owns 79,551 shares of the company’s stock worth $4,427,000 after purchasing an additional 1,655 shares during the period. Private Advisor Group LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 144.3% during the first quarter. Private Advisor Group LLC now owns 253,727 shares of the company’s stock worth $14,381,000 after purchasing an additional 149,873 shares during the period. DeDora Capital Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 4.3% in the first quarter. DeDora Capital Inc. now owns 141,476 shares of the company’s stock worth $8,019,000 after purchasing an additional 5,782 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 1,191.6% in the first quarter. Elevation Point Wealth Partners LLC now owns 434,984 shares of the company’s stock worth $24,655,000 after purchasing an additional 401,307 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $56.71 on Friday. The stock’s 50-day moving average is $56.20 and its 200 day moving average is $57.35. The company has a market cap of $44.90 billion, a PE ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90.

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