Riverchase Wealth Management LLC Acquires Shares of 3,748 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Riverchase Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,748 shares of the company’s stock, valued at approximately $216,000.

A number of other institutional investors have also recently made changes to their positions in the company. Bank of Jackson Hole Trust bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $28,000. Duncker Streett & Co. Inc. purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $28,000. Ulland Investment Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $31,000. Crowley Wealth Management Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth $32,000. Finally, Creative Capital Management Investments LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $32,000.

JPMorgan Equity Premium Income ETF Trading Down 0.2 %

JEPI opened at $57.38 on Friday. The firm’s 50 day simple moving average is $58.45 and its two-hundred day simple moving average is $58.87. The company has a market capitalization of $39.22 billion, a PE ratio of 24.79 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88.

About JPMorgan Equity Premium Income ETF

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.