JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Position Increased by Advance Capital Management Inc.

Advance Capital Management Inc. grew its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 340,239 shares of the company’s stock after purchasing an additional 4,586 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 0.9% of Advance Capital Management Inc.’s investment portfolio, making the stock its 9th biggest position. Advance Capital Management Inc. owned 0.06% of JPMorgan Equity Premium Income ETF worth $19,574,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Mattern Wealth Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 2.2% in the 3rd quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock worth $480,000 after acquiring an additional 174 shares during the last quarter. Empirical Asset Management LLC raised its stake in JPMorgan Equity Premium Income ETF by 4.0% during the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock valued at $278,000 after purchasing an additional 179 shares in the last quarter. Aviance Capital Partners LLC raised its stake in JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after purchasing an additional 194 shares in the last quarter. Hudock Inc. lifted its position in JPMorgan Equity Premium Income ETF by 4.5% during the third quarter. Hudock Inc. now owns 4,608 shares of the company’s stock valued at $274,000 after purchasing an additional 199 shares during the last quarter. Finally, Key Financial Inc grew its stake in shares of JPMorgan Equity Premium Income ETF by 2.1% in the 3rd quarter. Key Financial Inc now owns 9,798 shares of the company’s stock worth $583,000 after buying an additional 200 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI traded down $0.07 during mid-day trading on Monday, hitting $57.91. 3,606,308 shares of the company’s stock traded hands, compared to its average volume of 4,054,919. JPMorgan Equity Premium Income ETF has a 1 year low of $54.72 and a 1 year high of $60.88. The company’s 50-day moving average is $59.29 and its two-hundred day moving average is $58.35. The company has a market capitalization of $33.98 billion, a P/E ratio of 24.40 and a beta of 0.53.

JPMorgan Equity Premium Income ETF Company 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.