RMR Wealth Builders Buys Shares of 4,811 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

RMR Wealth Builders purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, HoldingsChannel reports. The firm purchased 4,811 shares of the company’s stock, valued at approximately $277,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after buying an additional 3,536,406 shares during the last quarter. Eaton Financial Holdings Company LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $51,202,000. World Investment Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 748.5% in the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after purchasing an additional 711,094 shares during the period. Sanctuary Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth $31,505,000. Finally, Marks Wealth LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $29,284,000.

JPMorgan Equity Premium Income ETF Trading Up 0.4 %

Shares of NYSEARCA JEPI opened at $58.25 on Friday. The firm has a market capitalization of $34.18 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $54.72 and a one year high of $60.88. The business has a fifty day simple moving average of $59.07 and a 200 day simple moving average of $58.39.

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.