JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Ergawealth Advisors Inc.’s 3rd Largest Position

Ergawealth Advisors Inc. trimmed its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.9% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 297,876 shares of the company’s stock after selling 8,973 shares during the period. JPMorgan Equity Premium Income ETF makes up about 8.5% of Ergawealth Advisors Inc.’s holdings, making the stock its 3rd largest holding. Ergawealth Advisors Inc. owned approximately 0.05% of JPMorgan Equity Premium Income ETF worth $17,137,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in JEPI. Pathway Financial Advisers LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter worth $49,000. Diversify Wealth Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 79.1% during the third quarter. Diversify Wealth Management LLC now owns 26,526 shares of the company’s stock worth $1,579,000 after buying an additional 11,712 shares during the period. SteelPeak Wealth LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 9.6% during the third quarter. SteelPeak Wealth LLC now owns 36,443 shares of the company’s stock worth $2,169,000 after buying an additional 3,196 shares during the period. JFS Wealth Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 48.5% during the third quarter. JFS Wealth Advisors LLC now owns 6,190 shares of the company’s stock worth $368,000 after buying an additional 2,023 shares during the period. Finally, Bellevue Asset Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 0.7% during the third quarter. Bellevue Asset Management LLC now owns 52,761 shares of the company’s stock worth $3,140,000 after buying an additional 342 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.7 %

JEPI opened at $58.69 on Friday. The firm has a market cap of $39.23 billion, a P/E ratio of 25.75 and a beta of 0.61. The business has a fifty day simple moving average of $58.62 and a 200-day simple moving average of $58.92. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88.

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.