Collaborative Wealth Managment Inc. Buys 28,002 Shares of JPMorgan Equity Premium Income ETF $JEPI

Collaborative Wealth Managment Inc. lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 168.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 44,607 shares of the company’s stock after purchasing an additional 28,002 shares during the period. JPMorgan Equity Premium Income ETF accounts for 1.2% of Collaborative Wealth Managment Inc.’s portfolio, making the stock its 18th largest position. Collaborative Wealth Managment Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,528,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. Crewe Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 32.9% in the 4th quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock valued at $2,198,000 after purchasing an additional 9,514 shares during the last quarter. Capital Investment Advisory Services LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 32.7% during the fourth quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock worth $12,920,000 after buying an additional 55,610 shares during the last quarter. Cyndeo Wealth Partners LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 90.4% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock worth $1,542,000 after buying an additional 12,790 shares during the last quarter. Apella Capital LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 2.8% in the fourth quarter. Apella Capital LLC now owns 347,881 shares of the company’s stock valued at $19,913,000 after buying an additional 9,499 shares during the period. Finally, Leo Wealth LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $757,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $56.62 on Thursday. The company has a fifty day moving average price of $56.13 and a two-hundred day moving average price of $57.29. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The firm has a market capitalization of $45.07 billion, a PE ratio of 23.93 and a beta of 0.54.

JPMorgan Equity Premium Income ETF Company 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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.