Arete Wealth Advisors LLC Grows Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Arete Wealth Advisors LLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.4% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 76,170 shares of the company’s stock after acquiring an additional 2,518 shares during the period. Arete Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,382,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JEPI. World Investment Advisors lifted its stake in shares of JPMorgan Equity Premium Income ETF by 25.8% in the 4th quarter. World Investment Advisors now owns 176,973 shares of the company’s stock valued at $10,191,000 after purchasing an additional 36,308 shares during the last quarter. Martin Worley Group purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $267,000. Lokken Investment Group LLC raised its holdings in JPMorgan Equity Premium Income ETF by 16.1% in the 4th quarter. Lokken Investment Group LLC now owns 24,623 shares of the company’s stock valued at $1,417,000 after buying an additional 3,420 shares during the period. StoneX Group Inc. lifted its position in JPMorgan Equity Premium Income ETF by 1,036.0% in the fourth quarter. StoneX Group Inc. now owns 143,111 shares of the company’s stock valued at $8,249,000 after buying an additional 130,513 shares during the last quarter. Finally, Tradewinds LLC. boosted its stake in JPMorgan Equity Premium Income ETF by 13.2% during the fourth quarter. Tradewinds LLC. now owns 12,863 shares of the company’s stock worth $760,000 after buying an additional 1,499 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $57.00 on Thursday. The firm has a 50-day simple moving average of $58.31 and a two-hundred day simple moving average of $58.83. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The stock has a market cap of $39.35 billion, a PE ratio of 24.88 and a beta of 0.61.

JPMorgan Equity Premium Income ETF 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.