JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stake Lifted by Stratos Investment Management LLC

Stratos Investment Management LLC raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.9% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 339,826 shares of the company’s stock after buying an additional 27,711 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 1.2% of Stratos Investment Management LLC’s investment portfolio, making the stock its 26th largest holding. Stratos Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $19,550,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $295,000. Alpha Financial Partners LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 45.5% during the third quarter. Alpha Financial Partners LLC now owns 59,653 shares of the company’s stock valued at $3,550,000 after buying an additional 18,662 shares during the last quarter. Security National Bank boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.6% during the third quarter. Security National Bank now owns 111,542 shares of the company’s stock worth $6,638,000 after buying an additional 2,824 shares during the period. Pacifica Partners Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 21.4% in the 3rd quarter. Pacifica Partners Inc. now owns 1,214 shares of the company’s stock worth $72,000 after buying an additional 214 shares in the last quarter. Finally, Chapin Davis Inc. increased its position in JPMorgan Equity Premium Income ETF by 13.9% in the 3rd quarter. Chapin Davis Inc. now owns 21,012 shares of the company’s stock valued at $1,250,000 after acquiring an additional 2,566 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.62 on Wednesday. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The company has a market capitalization of $34.40 billion, a P/E ratio of 24.40 and a beta of 0.53. The business’s fifty day moving average price is $58.78 and its two-hundred day moving average price is $58.63.

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.