368,020 Shares in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Acquired by TigerOak Management L.L.C.

TigerOak Management L.L.C. bought a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 368,020 shares of the company’s stock, valued at approximately $21,172,000. JPMorgan Equity Premium Income ETF makes up about 7.7% of TigerOak Management L.L.C.’s holdings, making the stock its 4th largest holding. TigerOak Management L.L.C. owned about 0.06% of JPMorgan Equity Premium Income ETF as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in JEPI. Salomon & Ludwin LLC bought a new stake in JPMorgan Equity Premium Income ETF during the third quarter worth approximately $25,000. Ulland Investment Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $31,000. Running Point Capital Advisors LLC boosted its stake in JPMorgan Equity Premium Income ETF by 131.2% in 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 during the period. Missouri Trust & Investment Co boosted its stake in JPMorgan Equity Premium Income ETF by 737.2% in the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after purchasing 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 purchasing an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $59.17 on Friday. The company has a 50 day moving average price of $58.58 and a 200 day moving average price of $58.74. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The firm has a market capitalization of $34.72 billion, a price-to-earnings 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.