JPMorgan Equity Premium Income ETF $JEPI Shares Purchased by ADG Wealth Management Group LLC

ADG Wealth Management Group LLC increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 186,538 shares of the company’s stock after buying an additional 13,526 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 7.3% of ADG Wealth Management Group LLC’s portfolio, making the stock its 4th largest position. ADG Wealth Management Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,573,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Crewe Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 32.9% during the 4th quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock worth $2,198,000 after acquiring an additional 9,514 shares in the last quarter. Cascade Wealth Advisors Inc grew its position in JPMorgan Equity Premium Income ETF by 5.9% in the 3rd quarter. Cascade Wealth Advisors Inc now owns 268,627 shares of the company’s stock valued at $15,237,000 after acquiring an additional 14,899 shares in the last quarter. Capital Investment Advisory Services LLC grew its position in JPMorgan Equity Premium Income ETF by 32.7% in the 4th quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock valued at $12,920,000 after acquiring an additional 55,610 shares in the last quarter. Cyndeo Wealth Partners LLC increased its stake in JPMorgan Equity Premium Income ETF by 90.4% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock worth $1,542,000 after purchasing an additional 12,790 shares during the period. Finally, Apella Capital LLC increased its stake in JPMorgan Equity Premium Income ETF by 2.8% during the fourth quarter. Apella Capital LLC now owns 347,881 shares of the company’s stock worth $19,913,000 after purchasing an additional 9,499 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $56.07 on Friday. The company’s 50-day simple moving average is $56.34 and its 200-day simple moving average is $57.39. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The stock has a market capitalization of $44.43 billion, a PE ratio of 23.93 and a beta of 0.54.

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.