Hilton Capital Management LLC Acquires 515,736 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Hilton Capital Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10,733.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 520,541 shares of the company’s stock after purchasing an additional 515,736 shares during the period. JPMorgan Equity Premium Income ETF accounts for 2.6% of Hilton Capital Management LLC’s holdings, making the stock its 10th biggest holding. Hilton Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $29,947,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Bank of Jackson Hole Trust acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $28,000. Duncker Streett & Co. Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $28,000. Ulland Investment Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $31,000. Creative Capital Management Investments LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $32,000. Finally, Running Point Capital Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after buying an additional 362 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.9 %

JEPI stock opened at $56.17 on Friday. The firm has a market cap of $37.55 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The company’s fifty day simple moving average is $58.55 and its 200 day simple moving average is $58.95.

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.