Kingsview Wealth Management LLC Boosts Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Kingsview Wealth Management LLC increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.8% in the fourth quarter, HoldingsChannel reports. The firm owned 217,996 shares of the company’s stock after purchasing an additional 23,020 shares during the quarter. Kingsview Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $12,541,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $25,000. Ulland Investment Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $31,000. Running Point Capital Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after purchasing an additional 362 shares during the last quarter. Missouri Trust & Investment Co lifted 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 valued at $41,000 after buying an additional 634 shares during the period. Finally, Brown Lisle Cummings Inc. boosted its position in JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $58.79 on Friday. The firm has a market capitalization of $34.50 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business has a fifty day moving average price of $58.68 and a 200-day moving average price of $58.64. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88.

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.