Coordinated Financial Services Inc. Invests $1.55 Million in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Coordinated Financial Services Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 26,932 shares of the company’s stock, valued at approximately $1,549,000. JPMorgan Equity Premium Income ETF accounts for approximately 1.2% of Coordinated Financial Services Inc.’s holdings, making the stock its 19th biggest holding.

A number of other institutional investors have also bought and sold shares of the company. Bank of Jackson Hole Trust bought a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $28,000. Duncker Streett & Co. Inc. acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $28,000. Ulland Investment Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $31,000. Creative Capital Management Investments LLC acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $32,000. Finally, Running Point Capital Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after buying an additional 362 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $58.20 on Friday. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The company has a market cap of $38.91 billion, a PE ratio of 25.75 and a beta of 0.61. The firm has a 50-day moving average of $58.60 and a 200-day moving average of $58.98.

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.