JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Edgemoor Investment Advisors Inc.

Edgemoor Investment Advisors Inc. raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 130,101 shares of the company’s stock after purchasing an additional 11,113 shares during the period. Edgemoor Investment Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $7,485,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of Jackson Hole Trust bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $28,000. Duncker Streett & Co. Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $28,000. Ulland Investment Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $31,000. Creative Capital Management Investments LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $32,000. Finally, Running Point Capital Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after buying an additional 362 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 1.4 %

JEPI stock opened at $56.96 on Monday. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The company has a market capitalization of $38.94 billion, a price-to-earnings ratio of 24.79 and a beta of 0.61. The firm’s 50-day moving average is $58.51 and its two-hundred day moving average is $58.93.

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.