Cherry Creek Investment Advisors Inc. Acquires 287 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cherry Creek Investment Advisors Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,784 shares of the company’s stock after buying an additional 287 shares during the period. Cherry Creek Investment Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $851,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its holdings in JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after acquiring an additional 3,536,406 shares during the period. Eaton Financial Holdings Company LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at approximately $51,202,000. World Investment Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 748.5% in the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after buying an additional 711,094 shares during the last quarter. Sanctuary Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $31,505,000. Finally, Marks Wealth LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter worth approximately $29,284,000.

JPMorgan Equity Premium Income ETF Trading Up 0.3 %

Shares of JEPI stock opened at $59.29 on Tuesday. The firm has a market capitalization of $34.79 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The firm’s fifty day simple moving average is $58.92 and its 200 day simple moving average is $58.55.

JPMorgan Equity Premium Income ETF 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.