Chung Wu Investment Group LLC Invests $1.27 Million in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Chung Wu Investment Group LLC bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 22,032 shares of the company’s stock, valued at approximately $1,268,000. JPMorgan Equity Premium Income ETF makes up approximately 1.3% of Chung Wu Investment Group LLC’s holdings, making the stock its 21st largest holding.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of Jackson Hole Trust purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $28,000. Duncker Streett & Co. Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $28,000. Ulland Investment Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $31,000. Creative Capital Management Investments LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $32,000. Finally, Running Point Capital Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after acquiring an additional 362 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.9 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.50 on Thursday. The firm has a market capitalization of $39.11 billion, a P/E ratio of 25.75 and a beta of 0.61. The business’s fifty day simple moving average is $58.62 and its 200 day simple moving average is $58.97. 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.