Capital Advisors Wealth Management LLC Grows Holdings in JPMorgan Equity Premium Income ETF $JEPI

Capital Advisors Wealth Management LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 121,790 shares of the company’s stock after purchasing an additional 9,522 shares during the period. JPMorgan Equity Premium Income ETF comprises 0.9% of Capital Advisors Wealth Management LLC’s investment portfolio, making the stock its 24th biggest position. Capital Advisors Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,971,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $402,000. AQR Capital Management LLC boosted its position in JPMorgan Equity Premium Income ETF by 28.1% in the first quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after purchasing an additional 18,619 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in JPMorgan Equity Premium Income ETF in the 1st quarter valued at $847,000. Schnieders Capital Management LLC. bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $3,093,000. Finally, M&T Bank Corp increased its position in shares of JPMorgan Equity Premium Income ETF by 65.0% during the 2nd quarter. M&T Bank Corp now owns 7,147 shares of the company’s stock valued at $406,000 after purchasing an additional 2,815 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $56.45 on Monday. The company has a market capitalization of $43.76 billion, a P/E ratio of 23.93 and a beta of 0.60. The company’s 50-day moving average is $58.13 and its 200 day moving average is $57.57. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $59.90.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.