Matthew Goff Investment Advisor LLC Acquires New Position in JPMorgan Equity Premium Income ETF $JEPI

Matthew Goff Investment Advisor LLC acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the first quarter, HoldingsChannel reports. The fund acquired 252,742 shares of the company’s stock, valued at approximately $14,325,000. JPMorgan Equity Premium Income ETF comprises about 2.3% of Matthew Goff Investment Advisor LLC’s investment portfolio, making the stock its 11th largest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Walled Lake Planning & Wealth Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 2.7% during the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock valued at $369,000 after acquiring an additional 171 shares during the last quarter. Wealth Effects LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 0.6% in the 4th quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock valued at $1,809,000 after purchasing an additional 173 shares during the period. WESPAC Advisors SoCal LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 4.3% in the 4th quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock worth $239,000 after purchasing an additional 174 shares during the last quarter. Aspen Wealth Strategies LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 4.5% in the 4th quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock worth $231,000 after purchasing an additional 174 shares during the last quarter. Finally, Morey & Quinn Wealth Partners LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 4.9% during the fourth quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock worth $213,000 after purchasing an additional 175 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.1%

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.07 on Tuesday. The business has a fifty day simple moving average of $56.44 and a 200 day simple moving average of $57.42. The stock has a market cap of $44.43 billion, a PE ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month 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.