Martin Worley Group Purchases New Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Martin Worley Group bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,640 shares of the company’s stock, valued at approximately $267,000.

Several other hedge funds have also added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 18.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after purchasing an additional 3,536,406 shares during the period. Raymond James Financial Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $322,301,000. Commonwealth Equity Services LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 12.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 4,124,862 shares of the company’s stock worth $237,303,000 after acquiring an additional 459,845 shares during the last quarter. HighTower Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 3.0% in the 4th quarter. HighTower Advisors LLC now owns 3,682,072 shares of the company’s stock worth $211,830,000 after purchasing an additional 108,546 shares in the last quarter. Finally, CIBC Private Wealth Group LLC grew its stake in JPMorgan Equity Premium Income ETF by 0.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 3,440,098 shares of the company’s stock valued at $199,147,000 after purchasing an additional 22,924 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.4 %

Shares of NYSEARCA JEPI opened at $57.00 on Thursday. The stock has a fifty day simple moving average of $58.31 and a two-hundred day simple moving average of $58.83. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The firm has a market cap of $39.35 billion, a price-to-earnings ratio of 24.88 and a beta of 0.61.

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.