Sterling Investment Advisors Ltd. raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 9.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 99,191 shares of the company’s stock after purchasing an additional 8,256 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 1.4% of Sterling Investment Advisors Ltd.’s holdings, making the stock its 20th biggest position. Sterling Investment Advisors Ltd.’s holdings in JPMorgan Equity Premium Income ETF were worth $5,706,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its position in JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after purchasing an additional 3,536,406 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in JPMorgan Equity Premium Income ETF by 4,498.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock valued at $74,890,000 after purchasing an additional 1,273,452 shares during the last quarter. Eaton Financial Holdings Company LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $51,202,000. World Investment Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 748.5% in the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after buying an additional 711,094 shares in the last quarter. Finally, LPL Financial LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 28.0% during the 3rd quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock worth $113,083,000 after purchasing an additional 416,013 shares in the last quarter.
JPMorgan Equity Premium Income ETF Stock Down 0.1 %
Shares of NYSEARCA:JEPI opened at $59.10 on Tuesday. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88. The company’s 50-day moving average price is $58.56 and its two-hundred day moving average price is $58.90. The firm has a market cap of $34.68 billion, a P/E ratio of 24.40 and a beta of 0.53.
JPMorgan Equity Premium Income ETF Company 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.
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