RIA Advisory Group LLC Invests $99,000 in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

RIA Advisory Group LLC bought a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,806 shares of the company’s stock, valued at approximately $99,000.

Several other institutional investors have also recently bought and sold shares of JEPI. Private Advisor Group LLC bought a new position in JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $375,000. PNC Financial Services Group Inc. raised its position in JPMorgan Equity Premium Income ETF by 1,098.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 18,552 shares of the company’s stock worth $1,140,000 after purchasing an additional 17,004 shares during the last quarter. Synovus Financial Corp bought a new position in JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $714,000. Cibc World Market Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 22.3% during the 1st quarter. Cibc World Market Inc. now owns 11,405 shares of the company’s stock valued at $700,000 after acquiring an additional 2,080 shares during the last quarter. Finally, Blair William & Co. IL raised its position in shares of JPMorgan Equity Premium Income ETF by 10.9% during the 1st quarter. Blair William & Co. IL now owns 8,901 shares of the company’s stock valued at $547,000 after acquiring an additional 878 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $55.45 on Friday. The firm has a fifty day moving average of $56.82 and a two-hundred day moving average of $55.28. The stock has a market capitalization of $32.48 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.

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.