Diversify Wealth Management LLC Acquires 7,033 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Diversify Wealth Management LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 26.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 33,559 shares of the company’s stock after buying an additional 7,033 shares during the quarter. Diversify Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,915,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of JEPI. Salomon & Ludwin LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the third quarter worth $25,000. Running Point Capital Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after buying an additional 362 shares during the period. Brown Lisle Cummings Inc. increased its position in JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after buying an additional 255 shares in the last quarter. Pathway Financial Advisers LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $49,000. Finally, Abound Wealth Management boosted its holdings in JPMorgan Equity Premium Income ETF by 1,320.8% in the fourth quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock worth $63,000 after acquiring an additional 1,017 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.50 on Tuesday. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The stock has a 50 day moving average price of $58.99 and a two-hundred day moving average price of $58.45. The stock has a market capitalization of $34.33 billion, a PE ratio of 24.40 and a beta of 0.53.

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.