Greenwich Wealth Management LLC Has $3.65 Million Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Greenwich Wealth Management LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 29.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 63,409 shares of the company’s stock after acquiring an additional 14,295 shares during the period. Greenwich Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,648,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Bank of Jackson Hole Trust acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $28,000. Duncker Streett & Co. Inc. bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $28,000. Ulland Investment Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $31,000. Creative Capital Management Investments LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $32,000. Finally, Running Point Capital Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after purchasing an additional 362 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 1.4 %

Shares of JEPI stock opened at $56.96 on Friday. The firm has a market capitalization of $38.94 billion, a PE ratio of 24.79 and a beta of 0.61. The firm has a fifty day simple moving average of $58.51 and a two-hundred day simple moving average of $58.93. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month 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.