Cherry Creek Investment Advisors Inc. Has $851,000 Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cherry Creek Investment Advisors Inc. grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 14,784 shares of the company’s stock after buying an additional 287 shares during the quarter. Cherry Creek Investment Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $851,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in JEPI. Salomon & Ludwin LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth $25,000. Ulland Investment Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth $31,000. Running Point Capital Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after purchasing an additional 362 shares during the period. Missouri Trust & Investment Co increased its holdings in JPMorgan Equity Premium Income ETF by 737.2% in the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock valued at $41,000 after purchasing an additional 634 shares during the last quarter. Finally, Brown Lisle Cummings Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after buying an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $59.29 on Tuesday. The stock has a market cap of $34.79 billion, a PE ratio of 24.40 and a beta of 0.53. The stock has a 50-day moving average of $58.92 and a 200-day moving average of $58.55. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88.

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.