Flputnam Investment Management Co. Raises Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Flputnam Investment Management Co. increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 41.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,176 shares of the company’s stock after purchasing an additional 7,064 shares during the period. Flputnam Investment Management Co.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,391,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Clarity Wealth Advisors LLC boosted its stake in JPMorgan Equity Premium Income ETF by 0.7% in the 4th quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after purchasing an additional 401 shares in the last quarter. Tandem Financial LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $757,000. Citigroup Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 51.8% in the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after purchasing an additional 50,459 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 223.8% in the 4th quarter. First Horizon Advisors Inc. now owns 5,961 shares of the company’s stock worth $343,000 after purchasing an additional 4,120 shares in the last quarter. Finally, Red Crane Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $1,193,000.

JPMorgan Equity Premium Income ETF Stock Up 1.2 %

JEPI stock opened at $59.41 on Monday. The firm has a 50 day moving average of $58.64 and a 200 day moving average of $58.97. The stock has a market capitalization of $39.71 billion, a PE ratio of 25.75 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week 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.