JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Bought by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC boosted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,375 shares of the company’s stock after acquiring an additional 2,890 shares during the quarter. Cherry Tree Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,725,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Sovereign Financial Group Inc. grew its stake in JPMorgan Equity Premium Income ETF by 10.9% in the fourth quarter. Sovereign Financial Group Inc. now owns 18,123 shares of the company’s stock worth $996,000 after purchasing an additional 1,775 shares in the last quarter. Aviance Capital Partners LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $840,000. N.E.W. Advisory Services LLC boosted its stake in JPMorgan Equity Premium Income ETF by 19.6% during the fourth quarter. N.E.W. Advisory Services LLC now owns 43,968 shares of the company’s stock valued at $2,417,000 after buying an additional 7,207 shares in the last quarter. Apollon Wealth Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 3.1% in the 4th quarter. Apollon Wealth Management LLC now owns 154,709 shares of the company’s stock worth $8,506,000 after purchasing an additional 4,672 shares in the last quarter. Finally, Lincoln National Corp lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 23.7% during the fourth quarter. Lincoln National Corp now owns 175,443 shares of the company’s stock valued at $9,646,000 after purchasing an additional 33,651 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

Shares of JEPI stock traded up $0.09 during trading hours on Wednesday, reaching $56.75. 2,440,123 shares of the stock traded hands, compared to its average volume of 3,515,984. The firm has a market capitalization of $33.30 billion, a PE ratio of 24.40 and a beta of 0.53. The business has a fifty day moving average price of $56.76 and a 200 day moving average price of $55.56. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $57.94.

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.