N.E.W. Advisory Services LLC Buys 3,129 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 4.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 72,112 shares of the company’s stock after buying an additional 3,129 shares during the quarter. N.E.W. Advisory Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,149,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of JEPI. Salomon & Ludwin LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter worth about $25,000. Ulland Investment Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $31,000. Running Point Capital Advisors LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after purchasing an additional 362 shares during the period. Missouri Trust & Investment Co boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 737.2% during the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after purchasing an additional 634 shares during the period. Finally, Brown Lisle Cummings Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 48.0% during the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.3 %

JPMorgan Equity Premium Income ETF stock opened at $58.97 on Friday. The firm has a 50-day moving average of $58.86 and a 200-day moving average of $58.59. The firm has a market cap of $34.61 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88.

About JPMorgan Equity Premium Income ETF

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.