Madison Wealth Partners Inc Purchases 5,267 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Madison Wealth Partners Inc lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 126.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 9,440 shares of the company’s stock after acquiring an additional 5,267 shares during the period. Madison Wealth Partners Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $543,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in JEPI. Bank of Jackson Hole Trust bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $28,000. Duncker Streett & Co. Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $28,000. Ulland Investment Advisors LLC bought 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 position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $32,000. Finally, Running Point Capital Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after purchasing an additional 362 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $56.69 on Thursday. The stock has a market capitalization of $37.90 billion, a PE ratio of 25.75 and a beta of 0.61. The company’s 50-day moving average is $58.55 and its 200-day moving average is $58.95. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88.

About JPMorgan Equity Premium Income ETF

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.