Panoramic Investment Advisors LLC Grows Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Panoramic Investment Advisors LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,473 shares of the company’s stock after acquiring an additional 2,065 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 1.9% of Panoramic Investment Advisors LLC’s portfolio, making the stock its 13th biggest holding. Panoramic Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,904,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of JEPI. JPMorgan Chase & Co. increased its position in JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares during the last quarter. Eaton Financial Holdings Company LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth $51,202,000. World Investment Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 748.5% in the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock worth $47,971,000 after buying an additional 711,094 shares during the last quarter. Marks Wealth LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $29,284,000. Finally, LPL Financial LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 28.0% in the 3rd quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock valued at $113,083,000 after acquiring an additional 416,013 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $58.97 on Monday. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The business’s 50 day moving average is $58.86 and its two-hundred day moving average is $58.61. The stock has a market capitalization of $34.61 billion, a P/E ratio of 24.40 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.