Cozad Asset Management Inc. Buys 407 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cozad Asset Management Inc. raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,228 shares of the company’s stock after buying an additional 407 shares during the period. Cozad Asset Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $991,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Bank of Jackson Hole Trust acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $28,000. Duncker Streett & Co. Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $28,000. Ulland Investment Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $31,000. Creative Capital Management Investments LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $32,000. Finally, Running Point Capital Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after acquiring an additional 362 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $57.46 on Tuesday. The company has a market capitalization of $39.28 billion, a P/E ratio of 24.79 and a beta of 0.61. The company has a fifty day moving average price of $58.50 and a 200-day moving average price of $58.93. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week 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.