JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Cutter & CO Brokerage Inc.

Cutter & CO Brokerage Inc. lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,898 shares of the company’s stock after acquiring an additional 250 shares during the quarter. Cutter & CO Brokerage Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $512,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after buying an additional 3,536,406 shares during the period. Strategic Financial Concepts LLC grew its position in JPMorgan Equity Premium Income ETF by 4,498.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock valued at $74,890,000 after buying an additional 1,273,452 shares during the period. Eaton Financial Holdings Company LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the third quarter valued at $51,202,000. World Investment Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 748.5% during the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after buying an additional 711,094 shares during the period. Finally, LPL Financial LLC grew its position in JPMorgan Equity Premium Income ETF by 28.0% during the third quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock valued at $113,083,000 after buying an additional 416,013 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

Shares of NYSEARCA JEPI opened at $59.24 on Wednesday. The company’s 50-day simple moving average is $58.57 and its 200-day simple moving average is $58.92. 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 cap of $39.60 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61.

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.