Ellis Investment Partners LLC Has $11.69 Million Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Ellis Investment Partners LLC lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 12.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 203,192 shares of the company’s stock after acquiring an additional 22,522 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 2.3% of Ellis Investment Partners LLC’s portfolio, making the stock its 11th biggest position. Ellis Investment Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $11,690,000 at the end of the most recent reporting period.

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

JPMorgan Equity Premium Income ETF Stock Down 0.2 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $59.17 on Friday. The stock has a market cap of $34.72 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The company’s fifty day moving average is $58.58 and its 200 day moving average is $58.74.

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.