Williams & Novak LLC Buys 2,925 Shares of JPMorgan Equity Premium Income ETF $JEPI

Williams & Novak LLC grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 15.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,033 shares of the company’s stock after acquiring an additional 2,925 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 1.1% of Williams & Novak LLC’s holdings, making the stock its 27th biggest position. Williams & Novak LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,253,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Eastern Bank increased its stake in shares of JPMorgan Equity Premium Income ETF by 16.0% in the 2nd quarter. Eastern Bank now owns 136,050 shares of the company’s stock valued at $7,734,000 after acquiring an additional 18,745 shares during the last quarter. Croban bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $2,072,000. PDS Planning Inc increased its stake in shares of JPMorgan Equity Premium Income ETF by 1.8% in the 2nd quarter. PDS Planning Inc now owns 30,243 shares of the company’s stock valued at $1,719,000 after acquiring an additional 540 shares during the last quarter. Cascade Investment Group Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 0.9% in the 2nd quarter. Cascade Investment Group Inc. now owns 31,003 shares of the company’s stock valued at $1,763,000 after acquiring an additional 291 shares during the last quarter. Finally, Nationwide Fund Advisors bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $396,998,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $56.00 on Friday. The stock has a market cap of $40.53 billion, a PE ratio of 23.93 and a beta of 0.62. The stock has a 50-day moving average of $56.77 and a 200-day moving average of $56.12. 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.