Personal CFO Solutions LLC Boosts Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Personal CFO Solutions LLC grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 32.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,963 shares of the company’s stock after acquiring an additional 2,925 shares during the quarter. Personal CFO Solutions LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $688,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Clarity Wealth Advisors LLC increased its stake 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 during the period. Tandem Financial LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $757,000. US Bancorp DE raised its position in JPMorgan Equity Premium Income ETF by 28.0% during the fourth quarter. US Bancorp DE now owns 28,673 shares of the company’s stock valued at $1,650,000 after acquiring an additional 6,273 shares in the last quarter. Citigroup Inc. boosted its holdings in 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 buying an additional 50,459 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 223.8% during the 4th quarter. First Horizon Advisors Inc. now owns 5,961 shares of the company’s stock worth $343,000 after acquiring an additional 4,120 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.6 %

JEPI opened at $58.20 on Monday. The firm’s fifty day simple moving average is $58.60 and its two-hundred day simple moving average is $58.98. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The company has a market cap of $38.91 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61.

About JPMorgan Equity Premium Income ETF

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.