EWG Elevate Inc. Raises Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

EWG Elevate Inc. boosted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.4% in the fourth quarter, HoldingsChannel reports. The firm owned 41,471 shares of the company’s stock after acquiring an additional 1,737 shares during the period. EWG Elevate Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,386,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Heritage Wealth Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth $978,000. Citigroup Inc. boosted its position 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 grew its stake in shares of JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock valued at $4,360,000 after purchasing an additional 957 shares during the period. Horizon Advisory Services Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 0.5% during the 2nd quarter. Horizon Advisory Services Inc. now owns 472,229 shares of the company’s stock valued at $26,766,000 after purchasing an additional 2,158 shares during the last quarter. Finally, Brown Financial Advisors bought a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $3,263,000.

JPMorgan Equity Premium Income ETF Trading Down 1.4 %

JEPI opened at $57.06 on Monday. The company’s 50 day moving average is $59.16 and its 200 day moving average is $58.38. The company has a market cap of $33.48 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12-month low of $54.72 and a 12-month 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.