Jaffetilchin Investment Partners LLC Purchases 12,706 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Jaffetilchin Investment Partners LLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 267,177 shares of the company’s stock after purchasing an additional 12,706 shares during the period. JPMorgan Equity Premium Income ETF makes up about 1.1% of Jaffetilchin Investment Partners LLC’s investment portfolio, making the stock its 21st largest position. Jaffetilchin Investment Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $15,371,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Summit Financial Wealth Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 13.1% in the fourth quarter. Summit Financial Wealth Advisors LLC now owns 80,829 shares of the company’s stock valued at $4,733,000 after acquiring an additional 9,369 shares during the period. First Foundation Advisors grew its holdings in JPMorgan Equity Premium Income ETF by 10.5% during the 4th quarter. First Foundation Advisors now owns 1,596,402 shares of the company’s stock valued at $91,841,000 after purchasing an additional 151,673 shares during the last quarter. FRG Family Wealth Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 9.1% during the 4th quarter. FRG Family Wealth Advisors LLC now owns 95,387 shares of the company’s stock valued at $5,488,000 after purchasing an additional 7,966 shares during the last quarter. F M Investments LLC lifted its stake in JPMorgan Equity Premium Income ETF by 1,289.5% in the fourth quarter. F M Investments LLC now owns 205,580 shares of the company’s stock worth $11,827,000 after purchasing an additional 190,785 shares during the last quarter. Finally, Mountain Capital Investment Advisors Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 21.2% during the fourth quarter. Mountain Capital Investment Advisors Inc. now owns 197,288 shares of the company’s stock valued at $11,541,000 after buying an additional 34,544 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 2.4 %

Shares of JEPI stock opened at $53.46 on Friday. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88. The stock has a fifty day simple moving average of $57.36 and a two-hundred day simple moving average of $58.50. The stock has a market capitalization of $36.90 billion, a price-to-earnings 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.