Courier Capital LLC Buys 70,648 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Courier Capital LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 595.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 82,512 shares of the company’s stock after purchasing an additional 70,648 shares during the period. Courier Capital LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,747,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Salomon & Ludwin LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $25,000. Running Point Capital Advisors LLC increased its position in JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after acquiring an additional 362 shares during the period. Brown Lisle Cummings Inc. raised its stake in JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares in the last quarter. Pathway Financial Advisers LLC bought a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $49,000. Finally, Abound Wealth Management grew its position in shares of JPMorgan Equity Premium Income ETF by 1,320.8% during the 4th quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock worth $63,000 after purchasing an additional 1,017 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock traded up $0.21 during trading on Monday, hitting $57.27. The company had a trading volume of 3,219,925 shares, compared to its average volume of 4,064,904. The firm has a market capitalization of $33.61 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $54.72 and a one year high of $60.88. The stock’s 50-day moving average price is $59.16 and its 200 day moving average price is $58.38.

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.