Ulland Investment Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 14,585.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 77,833 shares of the company’s stock after purchasing an additional 77,303 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 3.7% of Ulland Investment Advisors LLC’s portfolio, making the stock its 7th largest holding. Ulland Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,447,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Skyline Advisors Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 26.8% during the 1st quarter. Skyline Advisors Inc. now owns 14,395 shares of the company’s stock valued at $823,000 after acquiring an additional 3,039 shares during the last quarter. Capital Advisory Group Advisory Services LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 1.5% during the 1st quarter. Capital Advisory Group Advisory Services LLC now owns 34,165 shares of the company’s stock valued at $1,952,000 after acquiring an additional 500 shares during the last quarter. Investment Partners Asset Management Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 1.2% during the 1st quarter. Investment Partners Asset Management Inc. now owns 86,190 shares of the company’s stock valued at $4,925,000 after acquiring an additional 1,042 shares during the last quarter. Focus Financial Network Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 2.7% during the 1st quarter. Focus Financial Network Inc. now owns 54,925 shares of the company’s stock valued at $3,138,000 after acquiring an additional 1,449 shares during the last quarter. Finally, Columbia Advisory Partners LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 13.9% during the 1st quarter. Columbia Advisory Partners LLC now owns 7,395 shares of the company’s stock valued at $423,000 after acquiring an additional 902 shares during the last quarter.
JPMorgan Equity Premium Income ETF Stock Performance
Shares of NYSEARCA:JEPI opened at $56.18 on Thursday. The stock has a fifty day moving average of $55.07 and a 200-day moving average of $57.28. The company has a market capitalization of $39.98 billion, a PE ratio of 24.45 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year 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.
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