Clear Point Advisors Inc. Raises Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Clear Point Advisors Inc. grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 15.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,253 shares of the company’s stock after buying an additional 697 shares during the quarter. Clear Point Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $302,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in JEPI. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares during the last quarter. Strategic Financial Concepts LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 4,498.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock worth $74,890,000 after purchasing an additional 1,273,452 shares during the last quarter. Eaton Financial Holdings Company LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth $51,202,000. World Investment Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 748.5% during the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock worth $47,971,000 after purchasing an additional 711,094 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 28.0% during the 3rd quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock worth $113,083,000 after purchasing an additional 416,013 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $59.35 on Wednesday. The stock has a market capitalization of $34.83 billion, a P/E 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 business has a fifty day moving average price of $58.57 and a 200 day moving average price of $58.79.

About JPMorgan Equity Premium Income ETF

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.