Frontier Asset Management LLC Increases Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Frontier Asset Management LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 36,498 shares of the company’s stock after purchasing an additional 530 shares during the period. Frontier Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,100,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Clarity Wealth Advisors LLC boosted its position in JPMorgan Equity Premium Income ETF by 0.7% in the fourth quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after purchasing an additional 401 shares during the last quarter. Tandem Financial LLC purchased a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $757,000. Citigroup Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 51.8% during the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after buying an additional 50,459 shares in the last quarter. First Horizon Advisors Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 223.8% during the 4th quarter. First Horizon Advisors Inc. now owns 5,961 shares of the company’s stock valued at $343,000 after buying an additional 4,120 shares in the last quarter. Finally, Red Crane Wealth Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $1,193,000.

JPMorgan Equity Premium Income ETF Trading Up 0.6 %

NYSEARCA JEPI opened at $58.20 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88. The stock’s 50 day moving average is $58.60 and its 200 day moving average is $58.98. The stock has a market cap of $38.91 billion, a PE ratio of 25.75 and a beta of 0.61.

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.