Evergreen Wealth Management LLC Has $7.34 Million Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Evergreen Wealth Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 16.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 123,272 shares of the company’s stock after acquiring an additional 17,130 shares during the period. JPMorgan Equity Premium Income ETF accounts for 4.4% of Evergreen Wealth Management LLC’s investment portfolio, making the stock its 5th biggest holding. Evergreen Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,336,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of JEPI. JPMorgan Chase & Co. boosted its stake in JPMorgan Equity Premium Income ETF by 3.8% in the 1st quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after buying an additional 815,598 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 8.2% during the second quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock worth $402,664,000 after purchasing an additional 539,682 shares during the period. Cetera Investment Advisers raised its position in shares of JPMorgan Equity Premium Income ETF by 1.3% in the 2nd quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock valued at $237,377,000 after acquiring an additional 52,301 shares during the period. Commonwealth Equity Services LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 8.4% during the third quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after acquiring an additional 285,180 shares in the last quarter. Finally, RiverFront Investment Group LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 5.9% in the second quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock valued at $170,371,000 after buying an additional 166,821 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock traded down $0.51 during midday trading on Friday, hitting $59.27. The company’s stock had a trading volume of 4,671,516 shares, compared to its average volume of 3,145,317. JPMorgan Equity Premium Income ETF has a twelve month low of $54.17 and a twelve month high of $60.20. The company’s fifty day moving average price is $59.23 and its 200 day moving average price is $57.68. The stock has a market capitalization of $34.78 billion, a P/E 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.