JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stake Raised by D.A. Davidson & CO.

D.A. Davidson & CO. increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 15.4% in the 4th quarter, Holdings Channel reports. The fund owned 184,278 shares of the company’s stock after purchasing an additional 24,535 shares during the period. D.A. Davidson & CO.’s holdings in JPMorgan Equity Premium Income ETF were worth $10,602,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Salomon & Ludwin LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $25,000. Ulland Investment Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $31,000. Running Point Capital Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after purchasing an additional 362 shares in the last quarter. Missouri Trust & Investment Co raised its stake in shares of JPMorgan Equity Premium Income ETF by 737.2% during the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after purchasing an additional 634 shares in the last quarter. Finally, Brown Lisle Cummings Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $59.35 on Wednesday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The business has a 50-day moving average of $58.57 and a 200-day moving average of $58.79. The company has a market capitalization of $34.83 billion, a PE ratio of 24.40 and a beta of 0.53.

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.