Heck Capital Advisors LLC Buys New Shares in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Heck Capital Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, Holdings Channel reports. The fund purchased 1,100 shares of the company’s stock, valued at approximately $63,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Salomon & Ludwin LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $25,000. Ulland Investment Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $31,000. Running Point Capital Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after acquiring an additional 362 shares during the period. Missouri Trust & Investment Co increased its holdings in shares of JPMorgan Equity Premium Income ETF by 737.2% during the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after acquiring an additional 634 shares during the last quarter. Finally, Brown Lisle Cummings Inc. raised its stake in JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after acquiring an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $58.97 on Monday. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The stock has a market cap of $34.61 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The company has a fifty day moving average price of $58.86 and a two-hundred day moving average price of $58.61.

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.