JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,409,739 shares of the company’s stock after acquiring an additional 2,234 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $83,894,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $25,000. HHM Wealth Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $28,000. Running Point Capital Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 131.2% in the 3rd 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 in the last quarter. Brown Lisle Cummings Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 48.0% during the 3rd 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. Finally, Pathway Financial Advisers LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter worth $49,000.

JPMorgan Equity Premium Income ETF Trading Down 1.4 %

NYSEARCA:JEPI opened at $57.06 on Friday. The company has a market cap of $33.48 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $54.72 and a twelve month high of $60.88. The company’s 50-day moving average price is $59.18 and its 200-day moving average price is $58.36.

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.