Bellevue Asset Management LLC Grows Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Bellevue Asset Management LLC increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.5% in the 4th quarter, HoldingsChannel reports. The fund owned 53,553 shares of the company’s stock after acquiring an additional 792 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 1.6% of Bellevue Asset Management LLC’s holdings, making the stock its 13th largest holding. Bellevue Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,081,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JEPI. Bank of Jackson Hole Trust purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $28,000. Duncker Streett & Co. Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $28,000. Ulland Investment Advisors LLC purchased 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 purchased 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 boosted its position 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 buying an additional 362 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $58.50 on Thursday. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The business has a 50 day simple moving average of $58.62 and a two-hundred day simple moving average of $58.97. The firm has a market capitalization of $39.11 billion, a PE ratio of 25.75 and a beta of 0.61.

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.