Stifel Financial Corp Purchases 163,407 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Stifel Financial Corp lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,251,807 shares of the company’s stock after acquiring an additional 163,407 shares during the period. Stifel Financial Corp owned approximately 0.38% of JPMorgan Equity Premium Income ETF worth $129,546,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. BOS Asset Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 3.5% in the 4th quarter. BOS Asset Management LLC now owns 4,982 shares of the company’s stock valued at $287,000 after purchasing an additional 170 shares during the last quarter. Consolidated Planning Corp boosted its stake in JPMorgan Equity Premium Income ETF by 0.5% in the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock valued at $1,931,000 after buying an additional 179 shares in the last quarter. Landmark Wealth Management LLC grew its position in JPMorgan Equity Premium Income ETF by 5.1% in the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock valued at $221,000 after acquiring an additional 185 shares during the last quarter. Fortis Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after acquiring an additional 196 shares in the last quarter. Finally, Beam Wealth Advisors Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 0.4% in the 4th quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock valued at $2,948,000 after purchasing an additional 196 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $52.71 on Tuesday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88. The stock has a market cap of $36.49 billion, a price-to-earnings ratio of 23.72 and a beta of 0.61. The company has a 50 day simple moving average of $56.64 and a 200 day simple moving average of $58.23.

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.