JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Whalen Wealth Management Inc.’s 6th Largest Position

Whalen Wealth Management Inc. lessened its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 68,529 shares of the company’s stock after selling 420 shares during the quarter. JPMorgan Equity Premium Income ETF makes up 2.7% of Whalen Wealth Management Inc.’s portfolio, making the stock its 6th largest holding. Whalen Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,942,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. JPMorgan Chase & Co. boosted its stake in 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 purchasing an additional 3,536,406 shares during the period. Cetera Investment Advisers increased its holdings 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 worth $237,377,000 after buying an additional 52,301 shares during the last quarter. Commonwealth Equity Services LLC grew its position in JPMorgan Equity Premium Income ETF by 8.4% in 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. HighTower Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 2.4% in the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after acquiring an additional 83,858 shares in the last quarter. Finally, RiverFront Investment Group LLC raised its position in JPMorgan Equity Premium Income ETF by 5.9% during the second quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock valued at $170,371,000 after purchasing an additional 166,821 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $58.87 on Thursday. The firm has a market capitalization of $34.55 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business has a 50 day simple moving average of $58.94 and a 200-day simple moving average of $58.47. 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 Company 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.