WNY Asset Management LLC Makes New Investment in JPMorgan Equity Premium Income ETF $JEPI

WNY Asset Management LLC bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 108,291 shares of the company’s stock, valued at approximately $6,138,000. JPMorgan Equity Premium Income ETF accounts for 0.6% of WNY Asset Management LLC’s investment portfolio, making the stock its 29th biggest position.

Other large investors have also modified their holdings of the company. Walled Lake Planning & Wealth Management LLC grew its holdings 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 worth $369,000 after purchasing an additional 171 shares during the period. Wealth Effects LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 0.6% during the 4th quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock worth $1,809,000 after purchasing an additional 173 shares during the last quarter. Aspen Wealth Strategies LLC raised its holdings in 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 valued at $231,000 after buying an additional 174 shares during the period. Morey & Quinn Wealth Partners LLC raised its holdings in JPMorgan Equity Premium Income ETF by 4.9% in the 4th quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock valued at $213,000 after buying an additional 175 shares during the period. Finally, 3Chopt Investment Partners LLC lifted its position in JPMorgan Equity Premium Income ETF by 9.0% in the first quarter. 3Chopt Investment Partners LLC now owns 2,143 shares of the company’s stock valued at $121,000 after buying an additional 177 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $57.43 on Friday. The firm has a market cap of $45.81 billion, a PE ratio of 23.93 and a beta of 0.54. The company has a 50-day moving average of $56.33 and a two-hundred day moving average of $57.22. 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.