Stratos Investment Management LLC grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 8.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 339,826 shares of the company’s stock after purchasing an additional 27,711 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 1.2% of Stratos Investment Management LLC’s holdings, making the stock its 26th biggest holding. Stratos Investment Management LLC owned about 0.06% of JPMorgan Equity Premium Income ETF worth $19,550,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the stock. Salomon & Ludwin LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $25,000. Ulland Investment Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $31,000. Running Point Capital Advisors LLC raised its position 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 valued at $38,000 after acquiring an additional 362 shares in the last quarter. Missouri Trust & Investment Co lifted its stake in JPMorgan Equity Premium Income ETF by 737.2% during the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after purchasing an additional 634 shares during the last quarter. Finally, Brown Lisle Cummings Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares during the period.
JPMorgan Equity Premium Income ETF Stock Performance
Shares of NYSEARCA:JEPI opened at $58.62 on Wednesday. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The company’s fifty day moving average is $58.78 and its two-hundred day moving average is $58.63. The stock has a market capitalization of $34.40 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.
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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