GWN Securities Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 19,306 shares of the company’s stock, valued at approximately $1,141,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust bought a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $28,000. Duncker Streett & Co. Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth $28,000. Ulland Investment Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth $31,000. Creative Capital Management Investments LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth $32,000. Finally, Running Point Capital Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after acquiring an additional 362 shares in the last quarter.
JPMorgan Equity Premium Income ETF Stock Up 1.4 %
JEPI opened at $56.96 on Friday. The firm has a market cap of $38.94 billion, a PE ratio of 24.79 and a beta of 0.61. The business has a fifty day simple moving average of $58.51 and a 200-day simple moving average of $58.93. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88.
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.
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Want to see what other hedge funds are holding JEPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report).
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