Lokken Investment Group LLC Buys 3,420 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Lokken Investment Group LLC increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 16.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,623 shares of the company’s stock after buying an additional 3,420 shares during the quarter. Lokken Investment Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,417,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bank of Jackson Hole Trust purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $28,000. Duncker Streett & Co. Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $28,000. Ulland Investment Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $31,000. Crowley Wealth Management Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $32,000. Finally, Creative Capital Management Investments LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $32,000.

JPMorgan Equity Premium Income ETF Trading Up 0.8 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.14 on Tuesday. The business’s fifty day simple moving average is $58.39 and its 200 day simple moving average is $58.86. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88. The firm has a market capitalization of $39.44 billion, a P/E ratio of 24.88 and a beta of 0.61.

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.