Wills Financial Group Inc. Grows Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Wills Financial Group Inc. raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 54.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,129 shares of the company’s stock after acquiring an additional 2,172 shares during the quarter. Wills Financial Group Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $353,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in JEPI. BOS Asset Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 3.5% during the fourth quarter. BOS Asset Management LLC now owns 4,982 shares of the company’s stock worth $287,000 after buying an additional 170 shares in the last quarter. Consolidated Planning Corp boosted its stake in shares of JPMorgan Equity Premium Income ETF by 0.5% during the 4th quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock worth $1,931,000 after acquiring an additional 179 shares in the last quarter. Landmark Wealth Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 5.1% during the 4th quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after acquiring an additional 185 shares in the last quarter. Fortis Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 2.0% in the 4th quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after acquiring an additional 196 shares during the period. Finally, Beam Wealth Advisors Inc. increased its stake in JPMorgan Equity Premium Income ETF by 0.4% in the 4th quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock valued at $2,948,000 after purchasing an additional 196 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $54.98 on Friday. The company has a market cap of $38.06 billion, a price-to-earnings ratio of 23.72 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The business’s fifty day moving average is $56.26 and its two-hundred day moving average is $58.12.

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.