Investment Partners Asset Management Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 1.6% in the fourth quarter, HoldingsChannel reports. The firm owned 85,148 shares of the company’s stock after buying an additional 1,325 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 3.8% of Investment Partners Asset Management Inc.’s holdings, making the stock its 3rd biggest holding. Investment Partners Asset Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $4,899,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $25,000. Ulland Investment Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at $31,000. Running Point Capital Advisors LLC increased its stake in 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 purchasing an additional 362 shares during the last quarter. Missouri Trust & Investment Co lifted its position in JPMorgan Equity Premium Income ETF by 737.2% during the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after buying an additional 634 shares during the period. Finally, Brown Lisle Cummings Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after buying an additional 255 shares during the last quarter.
JPMorgan Equity Premium Income ETF Price Performance
JEPI opened at $59.04 on Thursday. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88. The business has a 50-day moving average of $58.61 and a two-hundred day moving average of $58.71. The stock has a market capitalization of $34.65 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.
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.
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