Meadow Creek Wealth Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 2.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 72,068 shares of the company’s stock after purchasing an additional 1,903 shares during the period. JPMorgan Equity Premium Income ETF comprises about 3.0% of Meadow Creek Wealth Advisors LLC’s holdings, making the stock its 7th largest holding. Meadow Creek Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,146,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake 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 purchasing an additional 3,536,406 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 8.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after buying an additional 285,180 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.4% during the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after acquiring an additional 83,858 shares in the last quarter. MML Investors Services LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 16.9% in the 3rd quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock valued at $155,331,000 after acquiring an additional 376,400 shares during the last quarter. Finally, Stifel Financial Corp raised its position in shares of JPMorgan Equity Premium Income ETF by 7.0% during the 3rd quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock worth $124,281,000 after acquiring an additional 136,138 shares in the last quarter.
JPMorgan Equity Premium Income ETF Stock Up 0.5 %
Shares of JEPI opened at $58.94 on Thursday. The company has a market capitalization of $34.59 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The stock has a 50 day moving average price of $58.75 and a 200 day moving average price of $58.63.
About JPMorgan Equity Premium Income ETF
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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