Weinberger Asset Management Inc Acquires 3,722 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Weinberger Asset Management Inc boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 68,337 shares of the company’s stock after purchasing an additional 3,722 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 1.6% of Weinberger Asset Management Inc’s holdings, making the stock its 17th biggest position. Weinberger Asset Management Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $3,931,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at approximately $25,000. IVC Wealth Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 1.3% during the 3rd quarter. IVC Wealth Advisors LLC now owns 160,148 shares of the company’s stock valued at $9,530,000 after acquiring an additional 2,056 shares during the last quarter. Investment Partners Asset Management Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 4.2% during the 3rd quarter. Investment Partners Asset Management Inc. now owns 83,823 shares of the company’s stock valued at $4,988,000 after acquiring an additional 3,364 shares during the last quarter. Vivid Wealth Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 18.8% during the 3rd quarter. Vivid Wealth Management LLC now owns 100,989 shares of the company’s stock valued at $6,010,000 after acquiring an additional 15,958 shares during the last quarter. Finally, Sterling Manor Financial LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 10.9% during the 3rd quarter. Sterling Manor Financial LLC now owns 8,428 shares of the company’s stock valued at $502,000 after acquiring an additional 830 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $59.10 on Tuesday. The company has a market capitalization of $34.68 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The stock has a 50 day moving average price of $58.56 and a 200-day moving average price of $58.90.

JPMorgan Equity Premium Income ETF Company 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.