JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Bought by Baker Avenue Asset Management LP

Baker Avenue Asset Management LP increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 64.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 150,359 shares of the company’s stock after purchasing an additional 58,970 shares during the period. Baker Avenue Asset Management LP’s holdings in JPMorgan Equity Premium Income ETF were worth $8,948,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Montag A & Associates Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 4.4% during the 1st quarter. Montag A & Associates Inc. now owns 8,889 shares of the company’s stock worth $514,000 after purchasing an additional 376 shares during the period. Concurrent Investment Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 9.8% in the first quarter. Concurrent Investment Advisors LLC now owns 48,490 shares of the company’s stock worth $2,806,000 after buying an additional 4,321 shares during the period. Choate Investment Advisors acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter worth $207,000. Pointe Capital Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 9.2% in the first quarter. Pointe Capital Management LLC now owns 20,565 shares of the company’s stock worth $1,190,000 after buying an additional 1,740 shares during the period. Finally, Meeder Asset Management Inc. boosted its position in JPMorgan Equity Premium Income ETF by 10.1% during the first quarter. Meeder Asset Management Inc. now owns 10,884 shares of the company’s stock valued at $630,000 after purchasing an additional 998 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.6 %

NYSEARCA JEPI traded up $0.36 during trading on Friday, hitting $60.03. 2,982,478 shares of the company traded hands, compared to its average volume of 3,142,178. The business has a fifty day simple moving average of $59.06 and a 200 day simple moving average of $57.57. The company has a market capitalization of $35.23 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $53.33 and a 12 month high of $60.10.

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.