Chicago Partners Investment Group LLC Increases Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Chicago Partners Investment Group LLC grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4,176.3% during the 4th quarter, HoldingsChannel reports. The firm owned 223,862 shares of the company’s stock after buying an additional 218,627 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $12,959,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. N.E.W. Advisory Services LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 4.5% in the 4th quarter. N.E.W. Advisory Services LLC now owns 72,112 shares of the company’s stock valued at $4,149,000 after purchasing an additional 3,129 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $63,000. Saxony Capital Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 123.3% in the fourth quarter. Saxony Capital Management LLC now owns 38,297 shares of the company’s stock valued at $2,203,000 after buying an additional 21,149 shares in the last quarter. New Wave Wealth Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $124,000. Finally, Institute for Wealth Management LLC. raised its stake in shares of JPMorgan Equity Premium Income ETF by 5.3% during the 4th quarter. Institute for Wealth Management LLC. now owns 24,560 shares of the company’s stock worth $1,413,000 after buying an additional 1,243 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $58.97 on Friday. The firm has a fifty day moving average of $58.86 and a 200 day moving average of $58.59. The firm has a market cap of $34.61 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88.

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.