Cozad Asset Management Inc. Acquires 407 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cozad Asset Management Inc. boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,228 shares of the company’s stock after acquiring an additional 407 shares during the quarter. Cozad Asset Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $991,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in JEPI. 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. Duncker Streett & Co. Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $28,000. Ulland Investment Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $31,000. Creative Capital Management Investments LLC bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $32,000. Finally, Running Point Capital Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% in the third 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 last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $57.46 on Tuesday. The business’s 50 day simple moving average is $58.50 and its 200-day simple moving average is $58.93. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The company has a market capitalization of $39.28 billion, a P/E ratio of 24.79 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.