Galvin Gaustad & Stein LLC Has $1.80 Million Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Galvin Gaustad & Stein LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,297 shares of the company’s stock after acquiring an additional 939 shares during the period. Galvin Gaustad & Stein LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,800,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Mattern Wealth Management LLC grew its stake in JPMorgan Equity Premium Income ETF by 2.2% during the third quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock worth $480,000 after buying an additional 174 shares in the last quarter. Empirical Asset Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 4.0% in the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock worth $278,000 after acquiring an additional 179 shares during the last quarter. Aviance Capital Partners LLC lifted its holdings 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 acquiring an additional 194 shares during the last quarter. Fortis Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.0% in 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 during the last quarter. Finally, Hudock Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 4.5% in the third quarter. Hudock Inc. now owns 4,608 shares of the company’s stock worth $274,000 after acquiring an additional 199 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $58.87 on Thursday. The stock has a market capitalization of $34.55 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88. The firm has a 50-day moving average price of $58.94 and a 200-day moving average price of $58.47.

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.