Grandview Asset Management LLC Has $793,000 Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Grandview Asset Management LLC raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 69.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,785 shares of the company’s stock after acquiring an additional 5,655 shares during the period. Grandview Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $793,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of JEPI. Salomon & Ludwin LLC bought a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $25,000. Running Point Capital Advisors LLC boosted its holdings in shares of 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. increased its stake in shares of JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after purchasing an additional 255 shares during the last quarter. Pathway Financial Advisers LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth $49,000. Finally, Abound Wealth Management lifted its position in shares of JPMorgan Equity Premium Income ETF by 1,320.8% during the 4th quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock worth $63,000 after buying an additional 1,017 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.4 %

NYSEARCA:JEPI opened at $57.27 on Tuesday. JPMorgan Equity Premium Income ETF has a twelve month low of $54.72 and a twelve month high of $60.88. The stock’s 50-day simple moving average is $59.13 and its 200 day simple moving average is $58.39. The firm has a market capitalization of $33.61 billion, a PE ratio of 24.40 and a beta of 0.53.

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.