Hilton Capital Management LLC Grows Stake in JPMorgan Equity Premium Income ETF $JEPI

Hilton Capital Management LLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 38.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 734,824 shares of the company’s stock after purchasing an additional 205,641 shares during the period. JPMorgan Equity Premium Income ETF makes up 3.3% of Hilton Capital Management LLC’s investment portfolio, making the stock its 6th biggest holding. Hilton Capital Management LLC owned 0.10% of JPMorgan Equity Premium Income ETF worth $41,775,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Clarity Asset Management Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $25,000. GHP Investment Advisors Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $25,000. Bartlett & CO. Wealth Management LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $25,000. Pin Oak Investment Advisors Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 73.6% in the second quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock worth $28,000 after buying an additional 212 shares during the last quarter. Finally, BTG Pactual Asset Management US LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth $31,000.

JPMorgan Equity Premium Income ETF Trading Down 0.1%

NYSEARCA:JEPI opened at $57.73 on Friday. The firm has a market capitalization of $41.32 billion, a PE ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $59.73. The firm’s fifty day simple moving average is $56.98 and its 200 day simple moving average is $56.74.

JPMorgan Equity Premium Income ETF Company 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.