Thompson Davis & CO. Inc. Increases Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Thompson Davis & CO. Inc. increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 45.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,350 shares of the company’s stock after acquiring an additional 4,200 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 0.5% of Thompson Davis & CO. Inc.’s holdings, making the stock its 29th largest position. Thompson Davis & CO. Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $768,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in JEPI. Clarity Wealth Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF by 0.7% during the 4th quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock valued at $3,204,000 after buying an additional 401 shares during the last quarter. Tandem Financial LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $757,000. Citigroup Inc. raised its stake in JPMorgan Equity Premium Income ETF by 51.8% during the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after buying an additional 50,459 shares during the last quarter. Accurate Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $215,000. Finally, Whittier Trust Co. purchased a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $108,000.

JPMorgan Equity Premium Income ETF Trading Down 1.0 %

Shares of JEPI opened at $59.13 on Friday. The firm has a market cap of $34.70 billion, a PE ratio of 24.40 and a beta of 0.53. The firm has a fifty day simple moving average of $58.57 and a two-hundred day simple moving average of $58.83. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year 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.