JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC grew its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,760 shares of the company’s stock after purchasing an additional 3,665 shares during the period. Gladstone Institutional Advisory LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,172,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. AQR Capital Management LLC purchased a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $295,000. Alpha Financial Partners LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 45.5% during the third quarter. Alpha Financial Partners LLC now owns 59,653 shares of the company’s stock worth $3,550,000 after purchasing an additional 18,662 shares in the last quarter. Valeo Financial Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $229,000. Creative Planning grew its holdings in shares of JPMorgan Equity Premium Income ETF by 44.6% in the third quarter. Creative Planning now owns 139,002 shares of the company’s stock valued at $8,272,000 after purchasing an additional 42,854 shares in the last quarter. Finally, PFG Advisors increased its stake in JPMorgan Equity Premium Income ETF by 3.7% during the 3rd quarter. PFG Advisors now owns 235,015 shares of the company’s stock worth $13,986,000 after buying an additional 8,400 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.3 %

Shares of JEPI stock opened at $59.04 on Thursday. The firm has a 50 day moving average of $58.61 and a two-hundred day moving average of $58.71. The stock has a market capitalization of $34.65 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88.

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.