HTLF Bank Purchases Shares of 334,324 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

HTLF Bank purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 334,324 shares of the company’s stock, valued at approximately $18,381,000. JPMorgan Equity Premium Income ETF makes up about 2.2% of HTLF Bank’s investment portfolio, making the stock its 11th largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Wealth Management Partners LLC increased its stake in JPMorgan Equity Premium Income ETF by 2.0% in the fourth quarter. Wealth Management Partners LLC now owns 9,820 shares of the company’s stock valued at $540,000 after purchasing an additional 195 shares in the last quarter. Perritt Capital Management Inc. increased its stake in JPMorgan Equity Premium Income ETF by 44.4% in the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after purchasing an additional 200 shares in the last quarter. First Capital Advisors Group LLC. increased its stake in JPMorgan Equity Premium Income ETF by 18.6% in the first quarter. First Capital Advisors Group LLC. now owns 1,280 shares of the company’s stock valued at $70,000 after purchasing an additional 201 shares in the last quarter. Wealth Dimensions Group Ltd. increased its stake in JPMorgan Equity Premium Income ETF by 0.9% in the second quarter. Wealth Dimensions Group Ltd. now owns 24,009 shares of the company’s stock valued at $1,328,000 after purchasing an additional 213 shares in the last quarter. Finally, Wealth Alliance increased its stake in JPMorgan Equity Premium Income ETF by 5.8% in the third quarter. Wealth Alliance now owns 3,930 shares of the company’s stock valued at $211,000 after purchasing an additional 214 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

JEPI traded up $0.09 during midday trading on Friday, hitting $55.56. The company had a trading volume of 1,169,013 shares, compared to its average volume of 3,571,347. The stock’s 50 day moving average price is $56.84 and its 200 day moving average price is $55.27. The company has a market capitalization of $32.55 billion, a price-to-earnings ratio of 24.51 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 52 week low of $51.38 and a 52 week high of $57.94.

About JPMorgan Equity Premium Income ETF

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.