Marquette Asset Management LLC Raises Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Marquette Asset Management LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 305,421 shares of the company’s stock after purchasing an additional 7,457 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 2.9% of Marquette Asset Management LLC’s portfolio, making the stock its 11th biggest holding. Marquette Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $17,573,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter worth about $25,000. Running Point Capital Advisors LLC raised its stake in 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 buying an additional 362 shares in the last quarter. Brown Lisle Cummings Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after buying an additional 255 shares during the last quarter. Pathway Financial Advisers LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $49,000. Finally, Abound Wealth Management increased its holdings in shares of JPMorgan Equity Premium Income ETF by 1,320.8% in the 4th quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock valued at $63,000 after acquiring an additional 1,017 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.4 %

JEPI stock opened at $57.50 on Wednesday. The stock’s 50 day simple moving average is $59.13 and its 200 day simple moving average is $58.39. JPMorgan Equity Premium Income ETF has a 12-month low of $54.72 and a 12-month high of $60.88. The firm has a market cap of $33.74 billion, a P/E ratio of 24.40 and a beta of 0.53.

JPMorgan Equity Premium Income ETF Company 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.