Sincerus Advisory LLC Takes $372,000 Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Sincerus Advisory LLC bought a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 6,467 shares of the company’s stock, valued at approximately $372,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Salomon & Ludwin LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter worth approximately $25,000. Autumn Glory Partners LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 45.0% during the 3rd quarter. Autumn Glory Partners LLC now owns 29,272 shares of the company’s stock worth $1,742,000 after purchasing an additional 9,089 shares during the last quarter. Orrstown Financial Services Inc. acquired a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $8,180,000. Hunter Associates Investment Management LLC boosted its stake in JPMorgan Equity Premium Income ETF by 2.1% in the 3rd quarter. Hunter Associates Investment Management LLC now owns 109,504 shares of the company’s stock valued at $6,515,000 after purchasing an additional 2,254 shares during the period. Finally, Pallas Capital Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 8.6% in the 3rd quarter. Pallas Capital Advisors LLC now owns 43,667 shares of the company’s stock valued at $2,593,000 after buying an additional 3,471 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $59.24 on Wednesday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The stock has a market capitalization of $39.60 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. The business’s fifty day moving average price is $58.57 and its two-hundred day moving average price is $58.92.

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.