Arden Trust Co Has $242,000 Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Arden Trust Co raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,261 shares of the company’s stock after purchasing an additional 293 shares during the quarter. Arden Trust Co’s holdings in JPMorgan Equity Premium Income ETF were worth $242,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in JEPI. Venture Visionary Partners LLC bought a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth $884,000. Stratos Wealth Partners LTD. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 74.0% in the fourth quarter. Stratos Wealth Partners LTD. now owns 35,430 shares of the company’s stock worth $1,948,000 after acquiring an additional 15,068 shares during the period. Tritonpoint Wealth LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $497,000. Meeder Advisory Services Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 4.4% in the fourth quarter. Meeder Advisory Services Inc. now owns 52,192 shares of the company’s stock valued at $2,870,000 after acquiring an additional 2,191 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. increased its position in JPMorgan Equity Premium Income ETF by 1.4% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 23,002 shares of the company’s stock valued at $1,266,000 after purchasing an additional 311 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.4 %

JEPI traded down $0.24 during trading on Wednesday, reaching $55.28. 3,305,882 shares of the stock traded hands, compared to its average volume of 3,323,771. The stock’s 50-day moving average is $56.54 and its 200 day moving average is $56.60. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $57.94. The stock has a market capitalization of $32.44 billion, a PE ratio of 24.40 and a beta of 0.53.

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.