JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Bought by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 66.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,462 shares of the company’s stock after purchasing an additional 5,793 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $795,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sapient Capital LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $285,000. AdvisorNet Financial Inc grew its position in shares of JPMorgan Equity Premium Income ETF by 2.4% in the fourth quarter. AdvisorNet Financial Inc now owns 35,624 shares of the company’s stock valued at $1,959,000 after purchasing an additional 830 shares during the period. EP Wealth Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $111,000. Modera Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $207,000. Finally, Etesian Wealth Advisors Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 52.9% in the fourth quarter. Etesian Wealth Advisors Inc. now owns 8,331 shares of the company’s stock valued at $458,000 after acquiring an additional 2,881 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.5 %

Shares of JEPI opened at $56.68 on Wednesday. The firm’s fifty day moving average is $56.76 and its two-hundred day moving average is $55.56. The stock has a market cap of $33.26 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $57.94.

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.