DB&C Advisors LLC Makes New $1.53 Million Investment in JPMorgan Equity Premium Income ETF $JEPI

DB&C Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 26,704 shares of the company’s stock, valued at approximately $1,529,000. JPMorgan Equity Premium Income ETF comprises 1.9% of DB&C Advisors LLC’s portfolio, making the stock its 17th largest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Wealth Effects LLC raised its position in JPMorgan Equity Premium Income ETF by 0.6% during the fourth quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock worth $1,809,000 after acquiring an additional 173 shares during the last quarter. WESPAC Advisors SoCal LLC raised its position in JPMorgan Equity Premium Income ETF by 4.3% during the fourth quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock worth $239,000 after acquiring an additional 174 shares during the last quarter. Aspen Wealth Strategies LLC raised its position in JPMorgan Equity Premium Income ETF by 4.5% during the fourth quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock worth $231,000 after acquiring an additional 174 shares during the last quarter. Morey & Quinn Wealth Partners LLC raised its position in JPMorgan Equity Premium Income ETF by 4.9% during the fourth quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock worth $213,000 after acquiring an additional 175 shares during the last quarter. Finally, Hurley Capital LLC increased its position in JPMorgan Equity Premium Income ETF by 2.0% during the 3rd quarter. Hurley Capital LLC now owns 9,098 shares of the company’s stock worth $519,000 after purchasing an additional 177 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.3%

JPMorgan Equity Premium Income ETF stock opened at $55.52 on Friday. The stock has a market cap of $43.99 billion, a PE ratio of 23.93 and a beta of 0.54. The stock has a 50-day moving average price of $56.57 and a 200 day moving average price of $57.49. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90.

About JPMorgan Equity Premium Income ETF

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.