IPG Investment Advisors LLC Purchases 2,883 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

IPG Investment Advisors LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 33.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,378 shares of the company’s stock after purchasing an additional 2,883 shares during the period. IPG Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $659,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of Jackson Hole Trust bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $28,000. Duncker Streett & Co. Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $28,000. Ulland Investment Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $31,000. Crowley Wealth Management Inc. bought a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $32,000. Finally, Creative Capital Management Investments LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth $32,000.

JPMorgan Equity Premium Income ETF Trading Down 1.2 %

JEPI stock opened at $56.68 on Friday. The stock has a market cap of $38.75 billion, a PE ratio of 24.79 and a beta of 0.61. The stock has a 50-day moving average price of $58.41 and a two-hundred day moving average price of $58.87. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88.

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.