Whalen Wealth Management Inc. Acquires New Holdings in JPMorgan Equity Premium Income ETF $JEPI

Whalen Wealth Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 65,052 shares of the company’s stock, valued at approximately $3,724,000. JPMorgan Equity Premium Income ETF accounts for 2.0% of Whalen Wealth Management Inc.’s investment portfolio, making the stock its 10th largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in JEPI. Hamilton Capital LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $72,373,000. Tcfg Wealth Management LLC boosted its position in JPMorgan Equity Premium Income ETF by 3,843.5% during the 3rd quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock worth $47,498,000 after acquiring an additional 810,739 shares during the period. Bank of America Corp DE boosted its position in JPMorgan Equity Premium Income ETF by 2.1% during the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after acquiring an additional 690,960 shares during the period. Raymond James Financial Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 9.9% in the second quarter. Raymond James Financial Inc. now owns 7,072,179 shares of the company’s stock worth $402,053,000 after purchasing an additional 636,586 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of JPMorgan Equity Premium Income ETF by 40.2% in the third quarter. Jones Financial Companies Lllp now owns 2,027,327 shares of the company’s stock worth $115,436,000 after purchasing an additional 581,218 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $56.45 on Friday. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $59.90. The stock’s fifty day moving average is $58.13 and its 200-day moving average is $57.56. The firm has a market capitalization of $43.76 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60.

About JPMorgan Equity Premium Income ETF

(Free Report)

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.

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