Mainstream Capital Management LLC Has $2.30 Million Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Mainstream Capital Management LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,886 shares of the company’s stock after purchasing an additional 2,336 shares during the period. JPMorgan Equity Premium Income ETF comprises about 1.6% of Mainstream Capital Management LLC’s holdings, making the stock its 11th largest position. Mainstream Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,295,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of JEPI. Bank of Jackson Hole Trust bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $28,000. Duncker Streett & Co. Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $28,000. Ulland Investment Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $31,000. Creative Capital Management Investments LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $32,000. Finally, Running Point Capital Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after buying an additional 362 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $58.69 on Tuesday. The business has a fifty day moving average price of $58.65 and a 200 day moving average price of $58.97. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The stock has a market capitalization of $39.23 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61.

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.