Silver Oak Securities Incorporated Has $3.18 Million Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Silver Oak Securities Incorporated lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 12.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,808 shares of the company’s stock after purchasing an additional 5,910 shares during the period. Silver Oak Securities Incorporated’s holdings in JPMorgan Equity Premium Income ETF were worth $3,177,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Salomon & Ludwin LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter worth $25,000. Ulland Investment Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at $31,000. Running Point Capital Advisors LLC lifted its stake in shares of 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 valued at $38,000 after acquiring an additional 362 shares during the period. Missouri Trust & Investment Co boosted its holdings in JPMorgan Equity Premium Income ETF by 737.2% in the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock valued at $41,000 after acquiring an additional 634 shares during the last quarter. Finally, Brown Lisle Cummings Inc. increased its position in JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.5 %

Shares of NYSEARCA:JEPI opened at $58.94 on Thursday. The business has a 50-day moving average price of $58.75 and a two-hundred day moving average price of $58.63. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The stock has a market capitalization of $34.59 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.