N.E.W. Advisory Services LLC Buys 7,207 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

N.E.W. Advisory Services LLC grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 43,968 shares of the company’s stock after acquiring an additional 7,207 shares during the period. N.E.W. Advisory Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,417,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Perritt Capital Management Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 44.4% during the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after acquiring an additional 200 shares during the last quarter. Albion Financial Group UT grew its position in shares of JPMorgan Equity Premium Income ETF by 8,375.0% in the 3rd quarter. Albion Financial Group UT now owns 678 shares of the company’s stock valued at $36,000 after buying an additional 670 shares during the last quarter. Capital Advisors Ltd. LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 79.3% in the fourth quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock valued at $36,000 after buying an additional 291 shares during the period. BOK Financial Private Wealth Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 400.0% during the fourth quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock worth $42,000 after acquiring an additional 600 shares during the last quarter. Finally, Roble Belko & Company Inc acquired a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $42,000.

JPMorgan Equity Premium Income ETF Trading Up 0.5 %

NYSEARCA:JEPI traded up $0.28 on Monday, reaching $56.35. 3,392,263 shares of the stock traded hands, compared to its average volume of 3,539,100. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $57.94. The company’s 50 day moving average is $56.77 and its 200-day moving average is $55.51. The firm has a market capitalization of $33.06 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.