Collaborative Wealth Managment Inc. Buys 10,935 Shares of JPMorgan Equity Premium Income ETF $JEPI

Collaborative Wealth Managment Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 192.9% during the 4th quarter, Holdings Channel reports. The fund owned 16,605 shares of the company’s stock after acquiring an additional 10,935 shares during the period. Collaborative Wealth Managment Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $950,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. FNY Investment Advisers LLC bought a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $28,000. EQ Wealth Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $29,000. BTG Pactual Asset Management US LLC bought a new position in JPMorgan Equity Premium Income ETF during the second quarter worth $31,000. Logan Capital Management Inc. bought a new position in JPMorgan Equity Premium Income ETF during the third quarter worth $33,000. Finally, VSM Wealth Advisory LLC boosted its stake in JPMorgan Equity Premium Income ETF by 84.1% during the third quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock worth $34,000 after acquiring an additional 269 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $56.33 on Tuesday. The firm has a market cap of $44.63 billion, a PE ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 12-month low of $55.15 and a 12-month high of $59.90. The company’s fifty day simple moving average is $56.77 and its 200 day simple moving average is $57.56.

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.