Columbus Macro LLC Grows Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Columbus Macro LLC increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1,554.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 184,540 shares of the company’s stock after buying an additional 173,387 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 1.5% of Columbus Macro LLC’s holdings, making the stock its 11th largest position. Columbus Macro LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,617,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in JEPI. Mattern Wealth Management LLC raised its position in JPMorgan Equity Premium Income ETF by 2.2% in the 3rd quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock valued at $480,000 after purchasing an additional 174 shares in the last quarter. Empirical Asset Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 4.0% in the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock valued at $278,000 after acquiring an additional 179 shares during the period. Landmark Wealth Management LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 5.1% in the 4th quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after acquiring an additional 185 shares during the period. Aviance Capital Partners LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 1.1% in the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after purchasing an additional 194 shares in the last quarter. Finally, Fortis Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF by 2.0% in the 4th quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after purchasing an additional 196 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $58.56 on Tuesday. The company has a market cap of $34.36 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The firm has a 50 day moving average price of $58.83 and a 200 day moving average price of $58.62. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year 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.