Edgemoor Investment Advisors Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 19.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 108,519 shares of the company’s stock after buying an additional 17,379 shares during the quarter. Edgemoor Investment Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $6,151,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also bought and sold shares of the company. Asset Allocation Strategies LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 3.6% during the 4th quarter. Asset Allocation Strategies LLC now owns 7,245 shares of the company’s stock worth $398,000 after acquiring an additional 253 shares during the last quarter. Global Trust Asset Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 146.8% during the first quarter. Global Trust Asset Management LLC now owns 1,513 shares of the company’s stock valued at $88,000 after purchasing an additional 900 shares during the period. Mosley Wealth Management bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth about $578,000. Optimum Investment Advisors increased its stake in JPMorgan Equity Premium Income ETF by 331.3% in the 1st quarter. Optimum Investment Advisors now owns 1,294 shares of the company’s stock worth $75,000 after buying an additional 994 shares during the period. Finally, Napa Wealth Management bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $1,254,000.
JPMorgan Equity Premium Income ETF Stock Performance
JPMorgan Equity Premium Income ETF stock traded up $0.39 during trading hours on Monday, hitting $57.92. The company had a trading volume of 294,242 shares, compared to its average volume of 3,213,257. The firm has a market cap of $33.99 billion, a P/E ratio of 24.40 and a beta of 0.53. The company has a 50-day moving average price of $57.06 and a two-hundred day moving average price of $56.86. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $58.85.
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.
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