Whipplewood Advisors LLC Raises Holdings in JPMorgan Equity Premium Income ETF $JEPI

Whipplewood Advisors LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 191.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 66,871 shares of the company’s stock after purchasing an additional 43,905 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 2.1% of Whipplewood Advisors LLC’s investment portfolio, making the stock its 5th largest holding. Whipplewood Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,802,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mather Group LLC. bought a new stake in JPMorgan Equity Premium Income ETF during the first quarter worth about $25,000. Bartlett & CO. Wealth Management LLC bought a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth about $25,000. Millstone Evans Group LLC bought a new stake in JPMorgan Equity Premium Income ETF during the first quarter worth about $29,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in JPMorgan Equity Premium Income ETF during the first quarter worth about $29,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth about $32,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $57.46 on Friday. The stock’s 50 day moving average price is $56.93 and its two-hundred day moving average price is $56.27. The firm has a market capitalization of $41.21 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $60.88.

JPMorgan Equity Premium Income ETF Company 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.