Pallas Capital Advisors LLC Acquires 347 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Pallas Capital Advisors LLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,014 shares of the company’s stock after purchasing an additional 347 shares during the period. Pallas Capital Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,532,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in JEPI. Claro Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 7.9% in the fourth quarter. Claro Advisors LLC now owns 57,195 shares of the company’s stock worth $3,290,000 after purchasing an additional 4,179 shares during the last quarter. Abound Wealth Management grew its holdings in JPMorgan Equity Premium Income ETF by 1,320.8% during the 4th quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock valued at $63,000 after buying an additional 1,017 shares in the last quarter. Corrigan Financial Inc. increased its stake in JPMorgan Equity Premium Income ETF by 0.9% in the 4th quarter. Corrigan Financial Inc. now owns 455,049 shares of the company’s stock worth $26,179,000 after acquiring an additional 4,122 shares during the last quarter. Wedmont Private Capital purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $244,000. Finally, Thomasville National Bank boosted its position in shares of JPMorgan Equity Premium Income ETF by 6.4% during the 4th quarter. Thomasville National Bank now owns 102,844 shares of the company’s stock valued at $5,917,000 after acquiring an additional 6,170 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.4 %

JPMorgan Equity Premium Income ETF stock traded up $0.21 during mid-day trading on Monday, reaching $57.27. 3,219,925 shares of the company’s stock traded hands, compared to its average volume of 4,064,904. JPMorgan Equity Premium Income ETF has a 12-month low of $54.72 and a 12-month high of $60.88. The stock has a 50 day moving average of $59.16 and a two-hundred day moving average of $58.38. The company has a market cap of $33.61 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.