Avion Wealth Raises Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Avion Wealth grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 90.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,031 shares of the company’s stock after purchasing an additional 490 shares during the quarter. Avion Wealth’s holdings in JPMorgan Equity Premium Income ETF were worth $59,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its position in shares of JPMorgan Equity Premium Income ETF by 18.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after buying an additional 3,536,406 shares during the period. Strategic Financial Concepts LLC raised its position in JPMorgan Equity Premium Income ETF by 4,498.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock valued at $74,890,000 after purchasing an additional 1,273,452 shares during the period. Eaton Financial Holdings Company LLC purchased a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at about $51,202,000. World Investment Advisors LLC raised its position in JPMorgan Equity Premium Income ETF by 748.5% in the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after purchasing an additional 711,094 shares during the period. Finally, Marks Wealth LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at about $29,284,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $59.20 on Wednesday. The business has a 50-day moving average of $58.63 and a 200-day moving average of $58.71. The company has a market capitalization of $34.74 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88.

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.