Gladstone Institutional Advisory LLC Purchases 3,120 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Gladstone Institutional Advisory LLC boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 41.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 10,642 shares of the company’s stock after acquiring an additional 3,120 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $585,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Perritt Capital Management Inc. raised its position 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 buying an additional 200 shares during the last quarter. Capital Advisors Ltd. LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 79.3% during 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 last quarter. 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 valued at $42,000 after buying an additional 600 shares during the last quarter. Roble Belko & Company Inc bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $42,000. Finally, GAMMA Investing LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $44,000.

JPMorgan Equity Premium Income ETF Stock Up 0.1 %

NYSEARCA JEPI opened at $57.27 on Thursday. The company has a fifty day moving average of $56.78 and a two-hundred day moving average of $55.89. The firm has a market capitalization of $33.60 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. 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.