Sunpointe LLC Buys 18,212 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Sunpointe LLC lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 72.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 43,340 shares of the company’s stock after acquiring an additional 18,212 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 1.3% of Sunpointe LLC’s investment portfolio, making the stock its 20th largest position. Sunpointe LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,510,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FMA Wealth Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 1.9% in the fourth quarter. FMA Wealth Management LLC now owns 45,429 shares of the company’s stock valued at $2,614,000 after purchasing an additional 849 shares during the period. Corps Capital Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $439,000. SNS Financial Group LLC raised its holdings in JPMorgan Equity Premium Income ETF by 2.0% in the 4th quarter. SNS Financial Group LLC now owns 15,881 shares of the company’s stock worth $920,000 after acquiring an additional 318 shares during the period. Private Wealth Partners LLC lifted its position in JPMorgan Equity Premium Income ETF by 19.9% during the 4th quarter. Private Wealth Partners LLC now owns 36,363 shares of the company’s stock worth $2,092,000 after acquiring an additional 6,030 shares during the last quarter. Finally, Fagan Associates Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 21.5% during the fourth quarter. Fagan Associates Inc. now owns 270,270 shares of the company’s stock valued at $15,549,000 after acquiring an additional 47,775 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $59.71 on Thursday. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The firm has a market capitalization of $35.04 billion, a PE ratio of 24.40 and a beta of 0.53. The business’s 50-day simple moving average is $58.57 and its 200-day simple moving average is $58.79.

JPMorgan Equity Premium Income ETF 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.