Madison Wealth Partners Inc Has $543,000 Holdings in 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% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,440 shares of the company’s stock after buying 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.

Several other institutional investors also recently modified their holdings of JEPI. US Bancorp DE grew its stake in shares of JPMorgan Equity Premium Income ETF by 28.0% in the fourth quarter. US Bancorp DE now owns 28,673 shares of the company’s stock worth $1,650,000 after purchasing an additional 6,273 shares during the last quarter. Clarity Wealth Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 0.7% in the fourth quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after purchasing an additional 401 shares during the last quarter. Tandem Financial LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $757,000. Citigroup Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 51.8% in the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after purchasing an additional 50,459 shares during the last quarter. Finally, Johnson Investment Counsel Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $1,522,000.

JPMorgan Equity Premium Income ETF Trading Down 0.1 %

Shares of JEPI opened at $56.69 on Thursday. The stock has a market capitalization of $37.90 billion, a P/E ratio of 25.75 and a beta of 0.61. The firm’s fifty day simple moving average is $58.55 and its two-hundred day simple moving average is $58.95. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month 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.