Perryman Financial Advisory Inc. AD Makes New $1.87 Million Investment in JPMorgan Equity Premium Income ETF $JEPI

Perryman Financial Advisory Inc. AD acquired a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 32,665 shares of the company’s stock, valued at approximately $1,870,000.

Other large investors have also modified their holdings of the company. Crewe Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 32.9% during the 4th quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock worth $2,198,000 after buying an additional 9,514 shares in the last quarter. Cascade Wealth Advisors Inc raised its stake in shares of JPMorgan Equity Premium Income ETF by 5.9% during the 3rd quarter. Cascade Wealth Advisors Inc now owns 268,627 shares of the company’s stock worth $15,237,000 after buying an additional 14,899 shares in the last quarter. Clearstead Trust LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 307.8% during the 3rd quarter. Clearstead Trust LLC now owns 79,494 shares of the company’s stock worth $4,539,000 after buying an additional 59,999 shares in the last quarter. Capital Investment Advisory Services LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 32.7% during the 4th quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock worth $12,920,000 after buying an additional 55,610 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 90.4% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock worth $1,542,000 after buying an additional 12,790 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $56.04 on Monday. The company has a market cap of $44.40 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. The stock has a 50 day simple moving average of $56.53 and a 200-day simple moving average of $57.47. JPMorgan Equity Premium Income ETF has a 12-month low of $55.10 and a 12-month 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.