Level Four Advisory Services LLC Grows Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Level Four Advisory Services LLC raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 43,683 shares of the company’s stock after buying an additional 2,906 shares during the period. Level Four Advisory Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,513,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of JEPI. Consolidated Planning Corp raised its stake in JPMorgan Equity Premium Income ETF by 0.5% during the 4th quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock worth $1,931,000 after acquiring an additional 179 shares in the last quarter. Landmark Wealth Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 5.1% during the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after purchasing an additional 185 shares in the last quarter. Fortis Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.0% in the 4th quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after purchasing an additional 196 shares during the last quarter. Beam Wealth Advisors Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 0.4% in the 4th quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock valued at $2,948,000 after purchasing an additional 196 shares during the period. Finally, Lakeridge Wealth Management LLC increased its position in JPMorgan Equity Premium Income ETF by 2.7% during the fourth quarter. Lakeridge Wealth Management LLC now owns 7,850 shares of the company’s stock worth $452,000 after buying an additional 206 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 1.2 %

JEPI stock opened at $56.68 on Friday. The company has a market capitalization of $38.75 billion, a P/E ratio of 24.79 and a beta of 0.61. The business has a 50 day simple moving average of $58.41 and a 200-day simple moving average of $58.86. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88.

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.