World Investment Advisors Acquires 12,278 Shares of JPMorgan Equity Premium Income ETF $JEPI

World Investment Advisors grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.2% in the first quarter, Holdings Channel reports. The institutional investor owned 248,875 shares of the company’s stock after acquiring an additional 12,278 shares during the period. World Investment Advisors’ holdings in JPMorgan Equity Premium Income ETF were worth $14,106,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in JEPI. Equitable Holdings Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 3,477.6% in the 4th quarter. Equitable Holdings Inc. now owns 1,853,767 shares of the company’s stock worth $106,110,000 after acquiring an additional 1,801,951 shares during the last quarter. Tableaux LLC boosted its stake in JPMorgan Equity Premium Income ETF by 1,462.3% during the 4th quarter. Tableaux LLC now owns 1,503,922 shares of the company’s stock valued at $86,084,000 after purchasing an additional 1,407,660 shares during the last quarter. Raymond James Financial Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 11.4% during the 4th quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after purchasing an additional 825,889 shares in the last quarter. Tcfg Wealth Management LLC increased its holdings in JPMorgan Equity Premium Income ETF by 3,843.5% during the 3rd quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock worth $47,498,000 after purchasing an additional 810,739 shares in the last quarter. Finally, SHP Wealth Management purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $42,882,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $56.71 on Friday. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The stock’s 50 day moving average is $56.20 and its 200-day moving average is $57.35. The firm has a market capitalization of $44.90 billion, a PE ratio of 23.93 and a beta of 0.54.

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.