Bellevue Asset Management LLC increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 0.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 52,761 shares of the company’s stock after acquiring an additional 342 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 1.6% of Bellevue Asset Management LLC’s investment portfolio, making the stock its 13th biggest position. Bellevue Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,140,000 at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of the company. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $25,000. HHM Wealth Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at about $28,000. Larson Financial Group LLC increased its stake in JPMorgan Equity Premium Income ETF by 129.8% in the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after acquiring an additional 314 shares during the period. Beaird Harris Wealth Management LLC bought a new stake in JPMorgan Equity Premium Income ETF in the first quarter valued at about $38,000. Finally, Whittier Trust Co. of Nevada Inc. increased its stake in JPMorgan Equity Premium Income ETF by 105.2% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock valued at $41,000 after acquiring an additional 367 shares during the period.
JPMorgan Equity Premium Income ETF Stock Down 0.2 %
NYSEARCA JEPI opened at $59.14 on Thursday. The stock has a market cap of $34.71 billion, a P/E ratio of 24.40 and a beta of 0.53. The company’s 50-day simple moving average is $58.96 and its 200 day simple moving average is $57.41. JPMorgan Equity Premium Income ETF has a twelve month low of $52.13 and a twelve month high of $59.97.
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.
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