JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Holdings Lifted by Fagan Associates Inc.

Fagan Associates Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 21.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 270,270 shares of the company’s stock after buying an additional 47,775 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for about 2.5% of Fagan Associates Inc.’s portfolio, making the stock its 8th largest position. Fagan Associates Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $15,549,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JEPI. Salomon & Ludwin LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $25,000. Bank of Jackson Hole Trust acquired a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $28,000. Ulland Investment Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $31,000. Creative Capital Management Investments LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $32,000. Finally, Running Point Capital Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after acquiring an additional 362 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $59.35 on Wednesday. The stock has a 50-day moving average of $58.57 and a two-hundred day moving average of $58.79. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The stock has a market cap of $34.83 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.