Wealth Enhancement Advisory Services LLC Raises Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Wealth Enhancement Advisory Services LLC raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,710,856 shares of the company’s stock after purchasing an additional 130,869 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.25% of JPMorgan Equity Premium Income ETF worth $97,758,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Bank of Jackson Hole Trust purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $28,000. Duncker Streett & Co. Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $28,000. Crowley Wealth Management Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $32,000. Global Wealth Strategies & Associates purchased a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth $36,000. Finally, Park Square Financial Group LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $40,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $55.74 on Friday. The company has a market capitalization of $39.67 billion, a PE ratio of 24.45 and a beta of 0.60. The company’s fifty day moving average price is $55.45 and its 200-day moving average price is $57.09. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88.

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.