Laraway Financial Advisors Inc Has $396,000 Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Laraway Financial Advisors Inc boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 6,875 shares of the company’s stock after purchasing an additional 250 shares during the quarter. Laraway Financial Advisors Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $396,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of JEPI. Bank of Jackson Hole Trust acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $28,000. Duncker Streett & Co. Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $28,000. Ulland Investment Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $31,000. Creative Capital Management Investments LLC acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $32,000. Finally, Crowley Wealth Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $32,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $55.65 on Monday. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88. The firm has a market cap of $38.53 billion, a PE ratio of 23.72 and a beta of 0.61. The business has a fifty day moving average of $55.54 and a 200-day moving average of $57.81.

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.