Choreo LLC Buys 101,390 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Choreo LLC increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 436.0% during the fourth quarter, Holdings Channel reports. The firm owned 124,645 shares of the company’s stock after acquiring an additional 101,390 shares during the period. Choreo LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,224,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Nvwm LLC increased its stake in JPMorgan Equity Premium Income ETF by 10.2% in the fourth quarter. Nvwm LLC now owns 16,394 shares of the company’s stock valued at $943,000 after acquiring an additional 1,522 shares during the last quarter. Money Concepts Capital Corp raised its holdings in shares of JPMorgan Equity Premium Income ETF by 7.0% during the 4th quarter. Money Concepts Capital Corp now owns 59,380 shares of the company’s stock worth $3,416,000 after buying an additional 3,863 shares in the last quarter. Confluence Wealth Services Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 11.8% during the 4th quarter. Confluence Wealth Services Inc. now owns 1,583,959 shares of the company’s stock worth $93,675,000 after buying an additional 167,702 shares during the last quarter. Stratos Investment Management LLC boosted its stake in JPMorgan Equity Premium Income ETF by 8.9% in the fourth quarter. Stratos Investment Management LLC now owns 339,826 shares of the company’s stock valued at $19,550,000 after buying an additional 27,711 shares in the last quarter. Finally, Stratos Wealth Partners LTD. grew its position in JPMorgan Equity Premium Income ETF by 12.8% in the fourth quarter. Stratos Wealth Partners LTD. now owns 54,396 shares of the company’s stock valued at $3,129,000 after acquiring an additional 6,190 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.5 %

JEPI stock opened at $58.94 on Thursday. The firm has a 50-day moving average price of $58.75 and a 200-day moving average price of $58.63. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88. The stock has a market capitalization of $34.59 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.