JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Position Raised by Pinnacle Financial Partners Inc

Pinnacle Financial Partners Inc lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 51.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 151,328 shares of the company’s stock after acquiring an additional 51,331 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $8,706,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Consolidated Planning Corp boosted its position in shares of JPMorgan Equity Premium Income ETF by 0.5% in the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock worth $1,931,000 after buying an additional 179 shares during the period. Landmark Wealth Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 5.1% in the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after buying an additional 185 shares during the period. Aviance Capital Partners LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 1.1% in the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock worth $1,030,000 after buying an additional 194 shares during the period. Fortis Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after acquiring an additional 196 shares in the last quarter. Finally, Key Financial Inc raised its holdings in shares of JPMorgan Equity Premium Income ETF by 2.1% during the third quarter. Key Financial Inc now owns 9,798 shares of the company’s stock worth $583,000 after acquiring an additional 200 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 1.0 %

Shares of NYSEARCA:JEPI opened at $59.13 on Friday. 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 simple moving average of $58.57 and a 200 day simple moving average of $58.85. The firm has a market cap of $34.70 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.