JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Holdings Boosted by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 370,740 shares of the company’s stock after acquiring an additional 29,182 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 1.2% of J.W. Cole Advisors Inc.’s portfolio, making the stock its 8th largest position. J.W. Cole Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $20,383,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Family Management Corp purchased a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $25,000. Salem Investment Counselors Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $27,000. Patriot Investment Management Group Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $27,000. Janiczek Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $30,000. Finally, Perritt Capital Management Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 44.4% during the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after buying an additional 200 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock traded down $0.02 on Friday, hitting $55.45. 3,192,580 shares of the company traded hands, compared to its average volume of 3,600,742. The stock has a market capitalization of $32.48 billion, a P/E ratio of 24.51 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 52 week low of $51.38 and a 52 week high of $57.94. The business has a 50-day simple moving average of $56.82 and a 200 day simple moving average of $55.28.

JPMorgan Equity Premium Income ETF Company 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.