Patron Partners LLC Buys Shares of 3,494 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Patron Partners LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 3,494 shares of the company’s stock, valued at approximately $208,000.

Several other large investors also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at $25,000. HHM Wealth Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $28,000. Beaird Harris Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter worth about $38,000. Centerpoint Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $43,000. Finally, Brown Lisle Cummings Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $60.07 on Tuesday. The stock’s 50-day simple moving average is $59.09 and its 200 day simple moving average is $57.61. The stock has a market capitalization of $35.25 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52-week low of $53.67 and a 52-week high of $60.20.

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.