JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Bought by Hollencrest Capital Management

Hollencrest Capital Management increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 222.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,215 shares of the company’s stock after acquiring an additional 838 shares during the quarter. Hollencrest Capital Management’s holdings in JPMorgan Equity Premium Income ETF were worth $70,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JEPI. Bank of Jackson Hole Trust acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $28,000. Duncker Streett & Co. Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $28,000. Ulland Investment Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $31,000. Creative Capital Management Investments LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $32,000. Finally, Running Point Capital Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% in 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 period.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

NYSEARCA JEPI opened at $56.69 on Thursday. The firm has a market cap of $37.90 billion, a P/E ratio of 25.75 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The business’s 50-day moving average price is $58.55 and its 200 day moving average price is $58.95.

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.