Waverly Advisors LLC Has $30.88 Million Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Waverly Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 54.6% in the first quarter, Holdings Channel reports. The fund owned 544,854 shares of the company’s stock after acquiring an additional 192,355 shares during the period. Waverly Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $30,882,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Walled Lake Planning & Wealth Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 2.7% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock worth $369,000 after purchasing an additional 171 shares during the period. Wealth Effects LLC boosted its stake in JPMorgan Equity Premium Income ETF by 0.6% during the 4th quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock valued at $1,809,000 after purchasing an additional 173 shares during the period. Aspen Wealth Strategies LLC boosted its stake in JPMorgan Equity Premium Income ETF by 4.5% during the 4th quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock valued at $231,000 after purchasing an additional 174 shares during the period. Morey & Quinn Wealth Partners LLC grew its holdings in JPMorgan Equity Premium Income ETF by 4.9% in the 4th quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock valued at $213,000 after buying an additional 175 shares during the last quarter. Finally, 3Chopt Investment Partners LLC grew its holdings in JPMorgan Equity Premium Income ETF by 9.0% in the 1st quarter. 3Chopt Investment Partners LLC now owns 2,143 shares of the company’s stock valued at $121,000 after buying an additional 177 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.7%

Shares of NYSEARCA JEPI opened at $56.80 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90. The company has a market cap of $45.36 billion, a P/E ratio of 23.93 and a beta of 0.54. The business’s 50 day moving average is $56.22 and its two-hundred day moving average is $57.24.

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.