JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Bought by Beckerman Institutional LLC

Beckerman Institutional LLC grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 23,966 shares of the company’s stock after acquiring an additional 258 shares during the period. JPMorgan Equity Premium Income ETF comprises about 1.1% of Beckerman Institutional LLC’s portfolio, making the stock its 27th largest holding. Beckerman Institutional LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,379,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of JEPI. Clarity Wealth Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF by 0.7% during the 4th quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock valued at $3,204,000 after purchasing an additional 401 shares during the period. Tandem Financial LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $757,000. Citigroup Inc. raised its stake in JPMorgan Equity Premium Income ETF by 51.8% during the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after purchasing an additional 50,459 shares during the period. Accurate Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $215,000. Finally, Whittier Trust Co. acquired a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $108,000.

JPMorgan Equity Premium Income ETF Stock Down 0.3 %

Shares of NYSEARCA:JEPI opened at $59.04 on Thursday. The company’s fifty day moving average is $58.61 and its two-hundred day moving average is $58.71. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The company has a market cap of $34.65 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.