Legacy Financial Group LLC Invests $556,000 in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Legacy Financial Group LLC bought a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 9,662 shares of the company’s stock, valued at approximately $556,000.

Several other large investors have also recently made changes to their positions in JEPI. Salomon & Ludwin LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter worth about $25,000. Ulland Investment Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $31,000. Running Point Capital Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after acquiring an additional 362 shares in the last quarter. Missouri Trust & Investment Co grew its position in JPMorgan Equity Premium Income ETF by 737.2% in the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after acquiring an additional 634 shares in the last quarter. Finally, Brown Lisle Cummings Inc. grew its position in JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after acquiring an additional 255 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.1 %

JEPI opened at $59.10 on Monday. The firm has a market cap of $34.68 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88. The stock has a 50-day moving average of $58.93 and a 200 day moving average of $58.53.

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.