Platform Technology Partners Increases Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Platform Technology Partners increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,674 shares of the company’s stock after buying an additional 315 shares during the quarter. Platform Technology Partners’ holdings in JPMorgan Equity Premium Income ETF were worth $326,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Tandem Financial LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $757,000. Citigroup Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 51.8% in the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after purchasing an additional 50,459 shares during the last quarter. Accurate Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $215,000. Whittier Trust Co. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth $108,000. Finally, Creative Planning raised its position in shares of JPMorgan Equity Premium Income ETF by 44.6% in the 3rd quarter. Creative Planning now owns 139,002 shares of the company’s stock worth $8,272,000 after buying an additional 42,854 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.4 %

JEPI stock opened at $58.79 on Friday. The company has a market cap of $34.50 billion, a PE ratio of 24.40 and a beta of 0.53. The stock has a 50-day moving average price of $58.68 and a two-hundred day moving average price of $58.64. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 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.