Capstone Financial Advisors Inc. Boosts Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Capstone Financial Advisors Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,878 shares of the company’s stock after buying an additional 834 shares during the period. Capstone Financial Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $626,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Raymond James Financial Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $322,301,000. JPMorgan Chase & Co. boosted its holdings in JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after acquiring an additional 3,536,406 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of JPMorgan Equity Premium Income ETF by 16.4% in the fourth quarter. Wells Fargo & Company MN now owns 14,555,046 shares of the company’s stock worth $837,352,000 after acquiring an additional 2,051,299 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 4,498.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock valued at $74,890,000 after acquiring an additional 1,273,452 shares in the last quarter. Finally, Eaton Financial Holdings Company LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $51,202,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $54.98 on Monday. The company has a market capitalization of $38.06 billion, a price-to-earnings ratio of 23.72 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The company’s 50-day moving average is $56.26 and its 200 day moving average is $58.10.

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.