Modus Advisors LLC Purchases 2,815 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Modus Advisors LLC increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,802 shares of the company’s stock after buying an additional 2,815 shares during the quarter. Modus Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,599,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of JEPI. Heritage Wealth Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $978,000. Citigroup Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 51.8% in the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after purchasing an additional 50,459 shares during the last quarter. Summit Wealth Partners LLC boosted its position in JPMorgan Equity Premium Income ETF by 1.3% during the second quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock valued at $4,360,000 after buying an additional 957 shares during the period. Horizon Advisory Services Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 0.5% during the second quarter. Horizon Advisory Services Inc. now owns 472,229 shares of the company’s stock valued at $26,766,000 after buying an additional 2,158 shares during the last quarter. Finally, Brown Financial Advisors purchased a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter worth about $3,263,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock traded up $0.25 during trading on Friday, hitting $57.74. 1,190,959 shares of the company traded hands, compared to its average volume of 2,788,324. The company has a 50-day moving average of $59.31 and a 200-day moving average of $58.31. The firm has a market capitalization of $33.88 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $54.62 and a 1 year high of $60.88.

JPMorgan Equity Premium Income ETF 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.