Strategic Wealth Advisors LLC Buys Shares of 26,891 JPMorgan Equity Premium Income ETF $JEPI

Strategic Wealth Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 26,891 shares of the company’s stock, valued at approximately $1,539,000. JPMorgan Equity Premium Income ETF makes up about 1.3% of Strategic Wealth Advisors LLC’s holdings, making the stock its 22nd biggest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FNY Investment Advisers LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $28,000. EQ Wealth Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $29,000. BTG Pactual Asset Management US LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $31,000. Logan Capital Management Inc. bought a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $33,000. Finally, VSM Wealth Advisory LLC increased its holdings in JPMorgan Equity Premium Income ETF by 84.1% during the 3rd quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock worth $34,000 after acquiring an additional 269 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.4%

JPMorgan Equity Premium Income ETF stock opened at $56.28 on Friday. The firm’s 50 day simple moving average is $57.41 and its 200 day simple moving average is $57.64. The firm has a market capitalization of $44.59 billion, a PE ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 1-year low of $55.15 and a 1-year high of $59.90.

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.