4,605 Shares in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Acquired by Montz Harcus Wealth Management LLC

Montz Harcus Wealth Management LLC bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,605 shares of the company’s stock, valued at approximately $265,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Mattern Wealth Management LLC raised its position in JPMorgan Equity Premium Income ETF by 2.2% in the third quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock valued at $480,000 after purchasing an additional 174 shares during the period. Empirical Asset Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 4.0% during the 3rd quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock worth $278,000 after purchasing an additional 179 shares during the last quarter. Landmark Wealth Management LLC raised its holdings in JPMorgan Equity Premium Income ETF by 5.1% in the 4th quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock valued at $221,000 after buying an additional 185 shares during the period. Aviance Capital Partners LLC lifted its position in JPMorgan Equity Premium Income ETF by 1.1% in the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after buying an additional 194 shares during the last quarter. Finally, Fortis Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 2.0% in the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after buying an additional 196 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $59.20 on Wednesday. The firm has a 50-day simple moving average of $58.63 and a two-hundred day simple moving average of $58.71. The stock has a market cap of $34.74 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88.

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.