Mountain Capital Investment Advisors Inc. Increases Stake in JPMorgan Equity Premium Income ETF $JEPI

Mountain Capital Investment Advisors Inc. raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 233,308 shares of the company’s stock after acquiring an additional 1,843 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 2.5% of Mountain Capital Investment Advisors Inc.’s portfolio, making the stock its 7th largest position. Mountain Capital Investment Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $13,247,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JEPI. Atlas Capital Advisors Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 12.1% in the first quarter. Atlas Capital Advisors Inc. now owns 4,670 shares of the company’s stock worth $267,000 after purchasing an additional 504 shares during the period. GAMMA Investing LLC raised its holdings in JPMorgan Equity Premium Income ETF by 8.2% in the first quarter. GAMMA Investing LLC now owns 130,565 shares of the company’s stock worth $7,460,000 after purchasing an additional 9,934 shares during the period. Coastline Trust Co raised its holdings in JPMorgan Equity Premium Income ETF by 14.0% in the second quarter. Coastline Trust Co now owns 1,981 shares of the company’s stock worth $113,000 after purchasing an additional 243 shares during the period. Grandview Asset Management LLC raised its holdings in JPMorgan Equity Premium Income ETF by 8.6% in the second quarter. Grandview Asset Management LLC now owns 14,976 shares of the company’s stock worth $851,000 after purchasing an additional 1,181 shares during the period. Finally, Parallel Advisors LLC raised its holdings in JPMorgan Equity Premium Income ETF by 3.1% in the second quarter. Parallel Advisors LLC now owns 45,589 shares of the company’s stock worth $2,592,000 after purchasing an additional 1,372 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.6%

Shares of NYSEARCA:JEPI opened at $56.86 on Monday. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $60.88. The company’s fifty day simple moving average is $56.84 and its 200 day simple moving average is $56.10. The firm has a market cap of $41.02 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62.

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.