Armstrong Fleming & Moore Inc Purchases 424 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Armstrong Fleming & Moore Inc boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.0% in the fourth quarter, Holdings Channel reports. The fund owned 10,916 shares of the company’s stock after purchasing an additional 424 shares during the quarter. Armstrong Fleming & Moore Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $628,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Salomon & Ludwin LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $25,000. Bank of Jackson Hole Trust bought a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $28,000. Ulland Investment Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth $31,000. Creative Capital Management Investments LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $32,000. Finally, Running Point Capital Advisors LLC raised its position in JPMorgan Equity Premium Income ETF by 131.2% during 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 period.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

NYSEARCA JEPI opened at $59.24 on Wednesday. The company has a fifty day moving average of $58.57 and a two-hundred day moving average of $58.92. The firm has a market capitalization of $39.60 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week 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.