MCIA Inc Buys Shares of 4,254 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

MCIA Inc bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Get Rating) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,254 shares of the company’s stock, valued at approximately $235,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Wells Fargo & Company MN grew its holdings in shares of JPMorgan Equity Premium Income ETF by 46.4% during the 2nd quarter. Wells Fargo & Company MN now owns 4,456,939 shares of the company’s stock worth $247,137,000 after purchasing an additional 1,413,060 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of JPMorgan Equity Premium Income ETF by 16.2% during the 3rd quarter. Royal Bank of Canada now owns 3,095,205 shares of the company’s stock worth $158,566,000 after purchasing an additional 432,479 shares in the last quarter. Requisite Capital Management LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 13.8% during the 3rd quarter. Requisite Capital Management LLC now owns 2,017,658 shares of the company’s stock worth $103,365,000 after purchasing an additional 244,569 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 17.6% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 1,588,346 shares of the company’s stock worth $81,371,000 after purchasing an additional 238,167 shares in the last quarter. Finally, Cornerstone Advisory LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 13.0% during the 3rd quarter. Cornerstone Advisory LLC now owns 1,211,446 shares of the company’s stock worth $62,063,000 after purchasing an additional 139,777 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI traded down $0.59 during trading on Friday, hitting $52.53. 3,662,531 shares of the stock were exchanged, compared to its average volume of 5,081,695. JPMorgan Equity Premium Income ETF has a 1-year low of $49.92 and a 1-year high of $62.60. The company has a market capitalization of $18.82 billion, a price-to-earnings ratio of 21.55 and a beta of 0.64. The company’s fifty day simple moving average is $54.42 and its 200-day simple moving average is $54.34.

JPMorgan Equity Premium Income ETF Profile

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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.