Beacon Capital Management LLC Takes Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Beacon Capital Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,539 shares of the company’s stock, valued at approximately $87,000.

A number of other institutional investors and hedge funds have also bought and sold shares of JEPI. International Assets Investment Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $11,785,000. GAMMA Investing LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $44,000. Capital Advisors Ltd. LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 79.3% during the 4th quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock valued at $36,000 after buying an additional 291 shares in the last quarter. Atria Wealth Solutions Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 3.3% in the 4th quarter. Atria Wealth Solutions Inc. now owns 696,430 shares of the company’s stock worth $38,411,000 after buying an additional 21,947 shares during the period. Finally, Community Bank N.A. raised its holdings in JPMorgan Equity Premium Income ETF by 6.5% during the 4th quarter. Community Bank N.A. now owns 223,415 shares of the company’s stock valued at $12,281,000 after acquiring an additional 13,684 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI traded up $0.24 during trading on Friday, hitting $58.11. 2,936,242 shares of the company were exchanged, compared to its average volume of 3,263,346. The company has a market cap of $34.10 billion, a PE 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 $58.13. The stock has a 50 day moving average of $56.73 and a 200 day moving average of $56.70.

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.