Dana Investment Advisors Inc. Acquires 508 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Dana Investment Advisors Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 5,705 shares of the company’s stock after purchasing an additional 508 shares during the period. Dana Investment Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $328,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of Jackson Hole Trust bought a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $28,000. Duncker Streett & Co. Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $28,000. Ulland Investment Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $31,000. Creative Capital Management Investments LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $32,000. Finally, Running Point Capital Advisors LLC raised 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 acquiring an additional 362 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.6 %

JEPI opened at $58.20 on Monday. The stock has a fifty day simple moving average of $58.60 and a two-hundred day simple moving average of $58.98. The company has a market cap of $38.91 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month 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.