Bailard Inc. Grows Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Bailard Inc. grew its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,260 shares of the company’s stock after purchasing an additional 835 shares during the quarter. Bailard Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $303,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in JEPI. Bank of Jackson Hole Trust acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $28,000. Duncker Streett & Co. Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $28,000. Ulland Investment Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $31,000. Creative Capital Management Investments LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $32,000. Finally, Running Point Capital Advisors LLC increased its holdings in JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after acquiring an additional 362 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.9 %

JEPI opened at $58.50 on Thursday. The firm’s fifty day simple moving average is $58.62 and its two-hundred day simple moving average is $58.97. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The company has a market cap of $39.11 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61.

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.