Lane & Associates LLC Grows Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Lane & Associates LLC grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 49.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,156 shares of the company’s stock after buying an additional 2,027 shares during the period. Lane & Associates LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $363,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Clarity Wealth Advisors LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 0.7% during the fourth quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after purchasing an additional 401 shares during the last quarter. Tandem Financial LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $757,000. Citigroup Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 51.8% during 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. Accurate Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $215,000. Finally, Whittier Trust Co. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter worth $108,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $59.71 on Friday. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The stock’s fifty day simple moving average is $58.57 and its 200-day simple moving average is $58.80. The stock has a market capitalization of $35.04 billion, a price-to-earnings 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.