Pine Valley Investments Ltd Liability Co Raises Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Pine Valley Investments Ltd Liability Co increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 80.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,140 shares of the company’s stock after purchasing an additional 5,401 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in JPMorgan Equity Premium Income ETF were worth $701,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of JEPI. Clarity Wealth Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 0.7% in the fourth quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after acquiring an additional 401 shares in the last quarter. Tandem Financial LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth $757,000. Citigroup Inc. increased its holdings in 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 in the last quarter. Accurate Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $215,000. Finally, First Horizon Advisors Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 223.8% during the fourth quarter. First Horizon Advisors Inc. now owns 5,961 shares of the company’s stock worth $343,000 after purchasing an additional 4,120 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $59.09 on Thursday. The firm has a market cap of $39.50 billion, a P/E ratio of 25.75 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The stock has a 50-day simple moving average of $58.59 and a 200-day simple moving average of $58.92.

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.