JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Bought by Montag A & Associates Inc.

Montag A & Associates Inc. lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 11,437 shares of the company’s stock after acquiring an additional 240 shares during the quarter. Montag A & Associates Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $662,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of JEPI. Alpha Financial Partners LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 45.5% in the third quarter. Alpha Financial Partners LLC now owns 59,653 shares of the company’s stock worth $3,550,000 after buying an additional 18,662 shares during the period. Creative Planning boosted its position in shares of JPMorgan Equity Premium Income ETF by 44.6% in the third quarter. Creative Planning now owns 139,002 shares of the company’s stock worth $8,272,000 after buying an additional 42,854 shares during the period. Resonant Capital Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 5.7% in the third quarter. Resonant Capital Advisors LLC now owns 139,545 shares of the company’s stock worth $8,304,000 after buying an additional 7,546 shares during the period. New Century Financial Group LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 416.6% in the third quarter. New Century Financial Group LLC now owns 28,874 shares of the company’s stock worth $1,718,000 after buying an additional 23,285 shares during the period. Finally, Means Investment CO. Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 3.1% in the third quarter. Means Investment CO. Inc. now owns 67,124 shares of the company’s stock worth $3,995,000 after buying an additional 2,031 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $59.17 on Monday. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The business has a 50-day moving average of $58.58 and a 200-day moving average of $58.75. The company has a market capitalization of $34.72 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.