Nottingham Advisors Inc. Acquires 144,966 Shares of JPMorgan Equity Premium Income ETF $JEPI

Nottingham Advisors Inc. raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 21.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 816,880 shares of the company’s stock after acquiring an additional 144,966 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 6.0% of Nottingham Advisors Inc.’s investment portfolio, making the stock its 4th biggest holding. Nottingham Advisors Inc. owned about 0.10% of JPMorgan Equity Premium Income ETF worth $46,301,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in JEPI. Morgan Stanley grew its stake in JPMorgan Equity Premium Income ETF by 0.6% during the 4th quarter. Morgan Stanley now owns 47,234,309 shares of the company’s stock worth $2,703,692,000 after buying an additional 261,872 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.1% during the second quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after acquiring an additional 690,960 shares during the period. Raymond James Financial Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 11.4% during the fourth quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after acquiring an additional 825,889 shares during the last quarter. Nationwide Fund Advisors grew its position in shares of JPMorgan Equity Premium Income ETF by 0.7% during the fourth quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock worth $405,826,000 after acquiring an additional 51,190 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of JPMorgan Equity Premium Income ETF by 7.2% in the 4th quarter. Cetera Investment Advisers now owns 5,530,763 shares of the company’s stock worth $316,581,000 after acquiring an additional 370,330 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.4%

Shares of NYSEARCA:JEPI opened at $55.83 on Wednesday. The company’s 50-day moving average price is $56.41 and its 200 day moving average price is $57.41. The company has a market cap of $44.24 billion, a PE ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90.

About JPMorgan Equity Premium Income ETF

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.