Elequin Capital LP Acquires New Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Elequin Capital LP purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,150 shares of the company’s stock, valued at approximately $66,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Focus Partners Advisor Solutions LLC boosted its position in JPMorgan Equity Premium Income ETF by 1,399.8% during the 4th quarter. Focus Partners Advisor Solutions LLC now owns 150,161 shares of the company’s stock worth $8,639,000 after acquiring an additional 140,149 shares during the last quarter. Continuum Advisory LLC grew its position in JPMorgan Equity Premium Income ETF by 9.0% in the fourth quarter. Continuum Advisory LLC now owns 86,778 shares of the company’s stock valued at $4,992,000 after purchasing an additional 7,137 shares in the last quarter. Note Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $1,347,000. NCM Capital Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 5.3% in the 4th quarter. NCM Capital Management LLC now owns 125,241 shares of the company’s stock valued at $7,205,000 after buying an additional 6,322 shares during the last quarter. Finally, Glen Eagle Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 323.2% during the 4th quarter. Glen Eagle Advisors LLC now owns 2,861 shares of the company’s stock worth $165,000 after buying an additional 2,185 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $56.30 on Wednesday. The business has a 50-day moving average of $55.36 and a 200-day moving average of $57.68. The stock has a market capitalization of $39.78 billion, a price-to-earnings ratio of 24.55 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88.

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.