Dudley Capital Management LLC Acquires New Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Dudley Capital Management LLC bought a new stake 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. The firm bought 3,965 shares of the company’s stock, valued at approximately $228,000.

Other institutional investors also recently bought and sold shares of the company. CoreFirst Bank & Trust acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $2,455,000. Grantvest Financial Group LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $1,626,000. Haverford Trust Co boosted its position in JPMorgan Equity Premium Income ETF by 45.1% in the 4th quarter. Haverford Trust Co now owns 22,029 shares of the company’s stock valued at $1,267,000 after buying an additional 6,847 shares during the period. Congress Wealth Management LLC DE grew its stake in shares of JPMorgan Equity Premium Income ETF by 48.8% in the fourth quarter. Congress Wealth Management LLC DE now owns 11,530 shares of the company’s stock worth $663,000 after acquiring an additional 3,782 shares in the last quarter. Finally, Crowley Wealth Management Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $32,000.

JPMorgan Equity Premium Income ETF Trading Up 1.2 %

NYSEARCA:JEPI opened at $57.79 on Tuesday. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The firm has a market cap of $39.51 billion, a PE ratio of 24.79 and a beta of 0.61. The stock has a fifty day moving average price of $58.47 and a 200 day moving average price of $58.89.

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.