HighTower Advisors LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 3.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,682,072 shares of the company’s stock after acquiring an additional 108,546 shares during the quarter. HighTower Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $211,830,000 as of its most recent filing with the SEC.
Other institutional investors also recently bought and sold shares of the company. Bank of Jackson Hole Trust acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $28,000. Duncker Streett & Co. Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $28,000. Ulland Investment Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $31,000. Creative Capital Management Investments LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $32,000. Finally, Running Point Capital Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after buying an additional 362 shares during the period.
JPMorgan Equity Premium Income ETF Stock Down 1.1 %
NYSEARCA:JEPI opened at $56.75 on Wednesday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The stock has a market cap of $37.94 billion, a PE ratio of 25.75 and a beta of 0.61. The firm’s fifty day simple moving average is $58.57 and its 200-day simple moving average is $58.97.
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.
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Want to see what other hedge funds are holding JEPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report).
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