Signature Estate & Investment Advisors LLC Acquires 2,862 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Signature Estate & Investment Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 48,645 shares of the company’s stock after buying an additional 2,862 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,799,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. US Bancorp DE lifted its stake in JPMorgan Equity Premium Income ETF by 28.0% in the 4th 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. Clarity Wealth Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF by 0.7% in 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 bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $757,000. Citigroup Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 51.8% during the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after buying an additional 50,459 shares during the last quarter. Finally, New England Private Wealth Advisors LLC raised its holdings in JPMorgan Equity Premium Income ETF by 2.4% during the fourth quarter. New England Private Wealth Advisors LLC now owns 145,266 shares of the company’s stock worth $8,357,000 after acquiring an additional 3,369 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 1.2 %

NYSEARCA:JEPI opened at $57.79 on Tuesday. The firm has a market capitalization of $39.51 billion, a price-to-earnings ratio of 24.79 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The stock’s 50 day moving average price is $58.47 and its two-hundred day moving average price is $58.89.

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.