Core Wealth Advisors LLC Purchases Shares of 79,198 JPMorgan Equity Premium Income ETF $JEPI

Core Wealth Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 79,198 shares of the company’s stock, valued at approximately $4,533,000. JPMorgan Equity Premium Income ETF comprises 2.8% of Core Wealth Advisors LLC’s investment portfolio, making the stock its 9th biggest position.

A number of other hedge funds also recently made changes to their positions in JEPI. FNY Investment Advisers LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $28,000. EQ Wealth Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $29,000. BTG Pactual Asset Management US LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $31,000. Logan Capital Management Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $33,000. Finally, VSM Wealth Advisory LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 84.1% during the 3rd quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock valued at $34,000 after acquiring an additional 269 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.3%

NYSEARCA:JEPI opened at $56.04 on Friday. The firm has a market capitalization of $44.40 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56. The firm’s fifty day simple moving average is $56.68 and its 200 day simple moving average is $57.54. JPMorgan Equity Premium Income ETF has a twelve month low of $55.15 and a twelve month 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.