Evergreen Wealth Management LLC Buys 2,041 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Evergreen Wealth Management LLC increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 106,142 shares of the company’s stock after purchasing an additional 2,041 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 4.3% of Evergreen Wealth Management LLC’s portfolio, making the stock its 5th largest position. Evergreen Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,836,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of JEPI. Perritt Capital Management Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 44.4% during the 3rd quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after buying an additional 200 shares during the last quarter. Albion Financial Group UT increased its holdings in shares of JPMorgan Equity Premium Income ETF by 8,375.0% during the 3rd quarter. Albion Financial Group UT now owns 678 shares of the company’s stock valued at $36,000 after purchasing an additional 670 shares in the last quarter. Capital Advisors Ltd. LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 79.3% in the fourth quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock worth $36,000 after acquiring an additional 291 shares during the period. BOK Financial Private Wealth Inc. boosted its position in JPMorgan Equity Premium Income ETF by 400.0% during the fourth quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock worth $42,000 after purchasing an additional 600 shares in the last quarter. Finally, Roble Belko & Company Inc purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $42,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock traded up $0.37 on Friday, reaching $56.06. 3,612,419 shares of the company were exchanged, compared to its average volume of 3,540,817. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $57.94. The business has a 50-day moving average price of $56.77 and a 200 day moving average price of $55.48. The company has a market cap of $32.90 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.