Lake Street Private Wealth LLC Buys 541 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Lake Street Private Wealth LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 124,446 shares of the company’s stock after acquiring an additional 541 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 1.1% of Lake Street Private Wealth LLC’s portfolio, making the stock its 19th largest position. Lake Street Private Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,159,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Mattern Wealth Management LLC boosted its stake in JPMorgan Equity Premium Income ETF by 2.2% in the third quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock worth $480,000 after buying an additional 174 shares in the last quarter. Empirical Asset Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 4.0% in the 3rd quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock worth $278,000 after acquiring an additional 179 shares during the last quarter. Aviance Capital Partners LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 1.1% in the 3rd quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after purchasing an additional 194 shares in the last quarter. Fortis Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 2.0% during the 4th quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after purchasing an additional 196 shares during the last quarter. Finally, Hudock Inc. raised its position in JPMorgan Equity Premium Income ETF by 4.5% in the 3rd quarter. Hudock Inc. now owns 4,608 shares of the company’s stock worth $274,000 after purchasing an additional 199 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.4 %

NYSEARCA JEPI opened at $58.50 on Friday. The company has a 50-day simple moving average of $59.02 and a two-hundred day simple moving average of $58.41. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The firm has a market cap of $34.33 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.