CIBC Private Wealth Group LLC Has $199.15 Million Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

CIBC Private Wealth Group LLC boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,440,098 shares of the company’s stock after acquiring an additional 22,924 shares during the period. CIBC Private Wealth Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $199,147,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of JEPI. US Bancorp DE grew its stake in shares of JPMorgan Equity Premium Income ETF by 28.0% in the fourth quarter. US Bancorp DE now owns 28,673 shares of the company’s stock worth $1,650,000 after acquiring an additional 6,273 shares during the last quarter. Clarity Wealth Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 0.7% in the 4th quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after purchasing an additional 401 shares during the last quarter. Potentia Wealth bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $447,000. Tandem Financial LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $757,000. Finally, Florida Financial Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 54.3% during the fourth quarter. Florida Financial Advisors LLC now owns 7,014 shares of the company’s stock valued at $404,000 after buying an additional 2,468 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 1.2 %

JEPI stock opened at $56.68 on Friday. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The company has a market cap of $38.75 billion, a PE ratio of 24.79 and a beta of 0.61. The business’s 50-day simple moving average is $58.41 and its 200 day simple moving average is $58.87.

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.