Wealthspire Advisors LLC Makes New Investment in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Wealthspire Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 7,373 shares of the company’s stock, valued at approximately $424,000.

Several other hedge funds have also made changes to their positions in the company. Bank of Jackson Hole Trust purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth $28,000. Ulland Investment Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth $31,000. Creative Capital Management Investments LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth $32,000. Running Point Capital Advisors LLC lifted its stake 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 worth $38,000 after purchasing an additional 362 shares during the last quarter. Finally, Missouri Trust & Investment Co lifted its stake in shares of 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 purchasing an additional 634 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $59.09 on Thursday. The stock has a market capitalization of $39.50 billion, a P/E ratio of 25.75 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The business has a fifty day moving average price of $58.59 and a 200 day moving average price of $58.92.

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.