Activest Wealth Management Increases Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Activest Wealth Management raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 17.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 12,766 shares of the company’s stock after acquiring an additional 1,879 shares during the quarter. Activest Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $734,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Salomon & Ludwin LLC purchased a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at $25,000. Ulland Investment Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $31,000. Running Point Capital Advisors LLC boosted its stake in shares of 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 valued at $38,000 after buying an additional 362 shares during the period. Missouri Trust & Investment Co grew its position in shares of 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 in the last quarter. Finally, Brown Lisle Cummings Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 48.0% during the third 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 period.

JPMorgan Equity Premium Income ETF Stock Down 0.4 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.79 on Monday. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The company has a market capitalization of $34.50 billion, a P/E ratio of 24.40 and a beta of 0.53. The company has a 50 day moving average of $58.68 and a 200 day moving average of $58.67.

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.