Seelaus Asset Management LLC Invests $213,000 in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Seelaus Asset Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 3,700 shares of the company’s stock, valued at approximately $213,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JEPI. Mattern Wealth Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 2.2% during the third quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock worth $480,000 after acquiring an additional 174 shares during the period. Empirical Asset Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 4.0% in the 3rd quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock valued at $278,000 after buying an additional 179 shares during the period. Landmark Wealth Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 5.1% in the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock valued at $221,000 after buying an additional 185 shares in the last quarter. Aviance Capital Partners LLC raised its position in JPMorgan Equity Premium Income ETF by 1.1% in the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock worth $1,030,000 after acquiring an additional 194 shares in the last quarter. Finally, Fortis Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% during the 4th quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after purchasing an additional 196 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.4 %

JEPI stock opened at $58.79 on Friday. 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 $34.50 billion, a P/E ratio of 24.40 and a beta of 0.53. The company’s 50-day moving average price is $58.68 and its 200 day moving average price is $58.66.

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.