SBI Securities Co. Ltd. purchased a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 215,439 shares of the company’s stock, valued at approximately $12,394,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the business. Bank of Jackson Hole Trust purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $28,000. Duncker Streett & Co. Inc. purchased a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $28,000. Ulland Investment Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $31,000. Creative Capital Management Investments LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $32,000. Finally, 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 valued at $38,000 after buying an additional 362 shares in the last quarter.
JPMorgan Equity Premium Income ETF Stock Performance
JEPI stock opened at $59.41 on Friday. The company’s fifty day moving average price is $58.64 and its 200-day moving average price is $58.95. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The company has a market capitalization of $39.71 billion, a PE ratio of 25.75 and a beta of 0.61.
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.
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