Hurley Capital LLC Invests $315,000 in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Hurley Capital LLC bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the fourth quarter, HoldingsChannel.com reports. The firm bought 5,440 shares of the company’s stock, valued at approximately $315,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in JEPI. Bank of Jackson Hole Trust acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $28,000. Duncker Streett & Co. Inc. acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $28,000. Ulland Investment Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $31,000. Creative Capital Management Investments LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at $32,000. Finally, Crowley Wealth Management Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $32,000.

JPMorgan Equity Premium Income ETF Stock Down 5.6 %

Shares of JEPI opened at $52.14 on Friday. The business has a 50-day simple moving average of $58.09 and a two-hundred day simple moving average of $58.76. JPMorgan Equity Premium Income ETF has a 12-month low of $52.10 and a 12-month high of $60.88. The stock has a market cap of $35.99 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.