Cathy Pareto & Associates Inc. Makes New $761,000 Investment in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cathy Pareto & Associates Inc. bought a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 13,222 shares of the company’s stock, valued at approximately $761,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in JEPI. JPMorgan Chase & Co. raised its holdings in JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares in the last quarter. Cetera Investment Advisers lifted its position in JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock valued at $237,377,000 after acquiring an additional 52,301 shares during the period. Commonwealth Equity Services LLC boosted its stake in JPMorgan Equity Premium Income ETF by 8.4% during the third quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after acquiring an additional 285,180 shares in the last quarter. HighTower Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 2.4% in the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after purchasing an additional 83,858 shares during the period. Finally, RiverFront Investment Group LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 5.9% during the second quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock valued at $170,371,000 after purchasing an additional 166,821 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

Shares of JEPI opened at $59.10 on Monday. The stock has a market cap of $34.68 billion, a P/E ratio of 24.40 and a beta of 0.53. The business’s 50 day moving average price is $58.93 and its 200-day moving average price is $58.53. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88.

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.