JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stake Increased by Bellevue Asset Management LLC

Bellevue Asset Management LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,513 shares of the company’s stock after buying an additional 960 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 1.7% of Bellevue Asset Management LLC’s holdings, making the stock its 13th biggest position. Bellevue Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,115,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of JEPI. Potentia Wealth acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $447,000. Florida Financial Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 54.3% in the 4th quarter. Florida Financial Advisors LLC now owns 7,014 shares of the company’s stock worth $404,000 after purchasing an additional 2,468 shares during the last quarter. Ritholtz Wealth Management boosted its position in JPMorgan Equity Premium Income ETF by 2.5% during the first quarter. Ritholtz Wealth Management now owns 7,827 shares of the company’s stock worth $447,000 after purchasing an additional 192 shares during the period. US Bancorp DE raised its position in JPMorgan Equity Premium Income ETF by 28.0% in the 4th quarter. US Bancorp DE now owns 28,673 shares of the company’s stock valued at $1,650,000 after purchasing an additional 6,273 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its stake in JPMorgan Equity Premium Income ETF by 15.8% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 3,439 shares of the company’s stock worth $198,000 after purchasing an additional 470 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $56.81 on Thursday. The stock’s fifty day moving average is $55.91 and its 200-day moving average is $56.89. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $60.88. The stock has a market capitalization of $40.37 billion, a PE ratio of 23.93 and a beta of 0.62.

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.