Galvin Gaustad & Stein LLC Has $1.80 Million Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Galvin Gaustad & Stein LLC boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 31,297 shares of the company’s stock after purchasing an additional 939 shares during the quarter. Galvin Gaustad & Stein LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,800,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Salomon & Ludwin LLC acquired a new position in JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $25,000. Ulland Investment Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $31,000. Running Point Capital Advisors LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after buying an additional 362 shares during the period. Missouri Trust & Investment Co boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 737.2% in the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock valued at $41,000 after buying an additional 634 shares during the period. Finally, Brown Lisle Cummings Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after buying an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $58.87 on Thursday. The stock has a market capitalization of $34.55 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The company has a 50 day moving average of $58.94 and a 200-day moving average of $58.47.

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.