Frontier Asset Management LLC Buys 530 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Frontier Asset Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,498 shares of the company’s stock after purchasing an additional 530 shares during the quarter. Frontier Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,100,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of JEPI. Bank of Jackson Hole Trust purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth about $28,000. Duncker Streett & Co. Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $28,000. Ulland Investment Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $31,000. Creative Capital Management Investments LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $32,000. Finally, Running Point Capital Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after purchasing an additional 362 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.6 %

Shares of JEPI stock opened at $58.20 on Friday. The stock has a fifty day moving average of $58.60 and a 200 day moving average of $58.98. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The firm has a market capitalization of $38.91 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61.

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.