JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by Econ Financial Services Corp

Econ Financial Services Corp boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 39.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,966 shares of the company’s stock after acquiring an additional 8,485 shares during the quarter. Econ Financial Services Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $1,724,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in JEPI. Salomon & Ludwin LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth $25,000. Ulland Investment Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $31,000. Running Point Capital Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after buying an additional 362 shares in the last quarter. Missouri Trust & Investment Co boosted its position in JPMorgan Equity Premium Income ETF by 737.2% during the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after acquiring an additional 634 shares during the period. Finally, Brown Lisle Cummings Inc. grew its stake 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 valued at $47,000 after acquiring an additional 255 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $58.62 on Wednesday. The company has a market capitalization of $34.40 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business’s 50-day moving average is $58.78 and its 200-day moving average is $58.63. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88.

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.