JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by Hollencrest Capital Management

Hollencrest Capital Management boosted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 222.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,215 shares of the company’s stock after acquiring an additional 838 shares during the quarter. Hollencrest Capital Management’s holdings in JPMorgan Equity Premium Income ETF were worth $70,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. Bank of Jackson Hole Trust purchased a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $28,000. Duncker Streett & Co. Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $28,000. Ulland Investment Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $31,000. Creative Capital Management Investments LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $32,000. Finally, Running Point Capital Advisors LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after buying an additional 362 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $56.69 on Thursday. The stock has a market capitalization of $37.90 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The company’s 50-day simple moving average is $58.55 and its 200-day simple moving average is $58.95.

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.