Forvis Mazars Wealth Advisors LLC Makes New $4.79 Million Investment in JPMorgan Equity Premium Income ETF $JEPI

Forvis Mazars Wealth Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 3rd quarter, according to its most recent disclosure with the SEC. The firm bought 85,204 shares of the company’s stock, valued at approximately $4,790,000.

A number of other large investors have also recently modified their holdings of the stock. Hamilton Capital LLC bought a new position in JPMorgan Equity Premium Income ETF in the third quarter worth about $84,219,000. Tableaux LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 1,462.3% in the fourth quarter. Tableaux LLC now owns 1,503,922 shares of the company’s stock worth $86,084,000 after buying an additional 1,407,660 shares during the period. SHP Wealth Management purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $42,882,000. Foguth Wealth Management LLC. boosted its position in JPMorgan Equity Premium Income ETF by 366.7% during the 1st quarter. Foguth Wealth Management LLC. now owns 919,518 shares of the company’s stock valued at $51,530,000 after acquiring an additional 722,490 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in JPMorgan Equity Premium Income ETF by 10.0% during the 1st quarter. Cetera Investment Advisers now owns 6,083,774 shares of the company’s stock valued at $344,828,000 after acquiring an additional 553,011 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.1%

Shares of JEPI stock traded down $0.03 during midday trading on Tuesday, reaching $56.93. 3,629,416 shares of the stock were exchanged, compared to its average volume of 5,141,550. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The company’s 50 day moving average is $57.07 and its two-hundred day moving average is $56.72. The firm has a market cap of $45.86 billion, a PE ratio of 23.93 and a beta of 0.53.

JPMorgan Equity Premium Income ETF 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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.