Concurrent Investment Advisors LLC Acquires 20,260 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Concurrent Investment Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 28.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 92,691 shares of the company’s stock after buying an additional 20,260 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,333,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Consolidated Planning Corp increased its stake in JPMorgan Equity Premium Income ETF by 0.5% during the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock valued at $1,931,000 after acquiring an additional 179 shares during the period. Landmark Wealth Management LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 5.1% during the 4th quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after purchasing an additional 185 shares in the last quarter. Aviance Capital Partners LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after purchasing an additional 194 shares during the period. Fortis Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after purchasing an additional 196 shares during the period. Finally, Hudock Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 4.5% in the third quarter. Hudock Inc. now owns 4,608 shares of the company’s stock valued at $274,000 after purchasing an additional 199 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $59.71 on Friday. The company has a market capitalization of $35.04 billion, a P/E ratio of 24.40 and a beta of 0.53. The firm’s fifty day moving average price is $58.57 and its two-hundred day moving average price is $58.80. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88.

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.