Whipplewood Advisors LLC Grows Position 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 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 66,871 shares of the company’s stock after purchasing an additional 43,905 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 2.1% of Whipplewood Advisors LLC’s investment portfolio, making the stock its 5th biggest position. 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 also recently made changes to their positions in the company. Mather Group LLC. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $25,000. Bartlett & CO. Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $25,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $29,000. Millstone Evans Group LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $29,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $32,000.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $57.46 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $60.88. The stock’s 50 day moving average is $56.93 and its 200-day moving average is $56.27. The company 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 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.