Transform Wealth LLC Acquires 17,606 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Transform Wealth LLC grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 189.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,887 shares of the company’s stock after purchasing an additional 17,606 shares during the period. Transform Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,557,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of JEPI. Mattern Wealth Management LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 2.2% during the third quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock worth $480,000 after buying an additional 174 shares in the last quarter. Empirical Asset Management LLC boosted its stake in JPMorgan Equity Premium Income ETF by 4.0% in the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock worth $278,000 after purchasing an additional 179 shares in the last quarter. Aviance Capital Partners LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock worth $1,030,000 after purchasing an additional 194 shares during the last quarter. Fortis Advisors LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% in the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after buying an additional 196 shares in the last quarter. Finally, Hudock Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 4.5% in the third quarter. Hudock Inc. now owns 4,608 shares of the company’s stock valued at $274,000 after buying an additional 199 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $58.50 on Tuesday. The company has a market cap of $34.33 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The stock’s fifty day moving average price is $58.99 and its two-hundred day moving average price is $58.45. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88.

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.