JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Position Boosted by Evergreen Wealth Management LLC

Evergreen Wealth Management LLC raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 16.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 123,272 shares of the company’s stock after buying an additional 17,130 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 4.4% of Evergreen Wealth Management LLC’s portfolio, making the stock its 5th biggest holding. Evergreen Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,336,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in JEPI. Salomon & Ludwin LLC purchased a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $25,000. HHM Wealth Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth $28,000. Beaird Harris Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $38,000. Centerpoint Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $43,000. Finally, Brown Lisle Cummings Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after acquiring an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.9 %

JPMorgan Equity Premium Income ETF stock traded down $0.51 during midday trading on Friday, reaching $59.27. 4,671,516 shares of the stock traded hands, compared to its average volume of 3,145,317. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.17 and a fifty-two week high of $60.20. The firm has a market cap of $34.78 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The firm has a fifty day moving average price of $59.23 and a two-hundred day moving average price of $57.68.

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.