BG Investment Services Inc. Makes New $1.56 Million Investment in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

BG Investment Services Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 27,034 shares of the company’s stock, valued at approximately $1,556,000. JPMorgan Equity Premium Income ETF comprises about 1.6% of BG Investment Services Inc.’s investment portfolio, making the stock its 12th biggest holding.

Other large investors also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $28,000. Duncker Streett & Co. Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $28,000. Ulland Investment Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $31,000. Creative Capital Management Investments LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $32,000. Finally, Crowley Wealth Management Inc. bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth $32,000.

JPMorgan Equity Premium Income ETF Stock Down 0.2 %

NYSEARCA:JEPI opened at $57.65 on Wednesday. The business’s 50-day simple moving average is $58.48 and its two-hundred day simple moving average is $58.89. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The stock has a market cap of $39.41 billion, a PE ratio of 24.79 and a beta of 0.61.

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.