Wealth Effects LLC Buys 1,420 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Wealth Effects LLC increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,673 shares of the company’s stock after purchasing an additional 1,420 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 0.9% of Wealth Effects LLC’s holdings, making the stock its 22nd biggest position. Wealth Effects LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,397,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at $25,000. Ulland Investment Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $31,000. Running Point Capital Advisors LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after acquiring an additional 362 shares during the last quarter. Missouri Trust & Investment Co raised its holdings in shares of JPMorgan Equity Premium Income ETF by 737.2% during 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 position in JPMorgan Equity Premium Income ETF by 48.0% during the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after purchasing an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.3 %

NYSEARCA:JEPI opened at $59.29 on Tuesday. The company has a 50 day simple moving average of $58.92 and a two-hundred day simple moving average of $58.55. The company has a market cap of $34.79 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month 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.