Spinnaker Investment Group LLC Has $1.32 Million Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Spinnaker Investment Group LLC boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 15.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,926 shares of the company’s stock after purchasing an additional 3,148 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 0.3% of Spinnaker Investment Group LLC’s portfolio, making the stock its 26th biggest position. Spinnaker Investment Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,319,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JEPI. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Equity Premium Income ETF by 18.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after buying an additional 3,536,406 shares in the last quarter. Cetera Investment Advisers lifted its stake in JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock valued at $237,377,000 after acquiring an additional 52,301 shares during the last quarter. Commonwealth Equity Services LLC grew its position in JPMorgan Equity Premium Income ETF by 8.4% in the third quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after acquiring an additional 285,180 shares in the last quarter. HighTower Advisors LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 2.4% during the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after purchasing an additional 83,858 shares during the last quarter. Finally, RiverFront Investment Group LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 5.9% during the 2nd quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock valued at $170,371,000 after purchasing an additional 166,821 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.5 %

Shares of NYSEARCA:JEPI opened at $59.14 on Friday. The stock has a market capitalization of $34.71 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The firm has a fifty day moving average price of $58.93 and a 200 day moving average price of $58.48.

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.