Stegent Equity Advisors Inc. Has $1.93 Million Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Stegent Equity Advisors Inc. grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,496 shares of the company’s stock after purchasing an additional 898 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 2.0% of Stegent Equity Advisors Inc.’s holdings, making the stock its 15th biggest holding. Stegent Equity Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,927,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of Jackson Hole Trust acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at $28,000. Ulland Investment Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $31,000. Creative Capital Management Investments LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $32,000. Running Point Capital Advisors LLC lifted its position in 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 worth $38,000 after buying an additional 362 shares in the last quarter. Finally, Missouri Trust & Investment Co lifted its position in JPMorgan Equity Premium Income ETF by 737.2% during the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after buying an additional 634 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.3 %

Shares of NYSEARCA JEPI opened at $59.09 on Thursday. The firm’s 50-day simple moving average is $58.59 and its 200 day simple moving average is $58.92. The company has a market cap of $39.50 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. 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.