JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Wealth Advisors of Iowa LLC’s 5th Largest Position

Wealth Advisors of Iowa LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.2% during the 4th quarter, HoldingsChannel reports. The fund owned 242,254 shares of the company’s stock after purchasing an additional 9,754 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 7.0% of Wealth Advisors of Iowa LLC’s portfolio, making the stock its 5th biggest holding. Wealth Advisors of Iowa LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $13,937,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Bank of Jackson Hole Trust acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $28,000. Duncker Streett & Co. Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth $28,000. Ulland Investment Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $31,000. Creative Capital Management Investments LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $32,000. Finally, Running Point Capital Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after purchasing an additional 362 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $57.27 on Friday. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The firm has a market capitalization of $39.15 billion, a P/E ratio of 24.79 and a beta of 0.61. The company has a 50-day simple moving average of $58.46 and a 200-day simple moving average of $58.89.

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.