Dudley Capital Management LLC Makes New $228,000 Investment in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Dudley Capital Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 3,965 shares of the company’s stock, valued at approximately $228,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $322,301,000. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 18.8% during the 3rd 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 during the period. Strategic Financial Concepts LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 4,498.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock worth $74,890,000 after purchasing an additional 1,273,452 shares during the period. Eaton Financial Holdings Company LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $51,202,000. Finally, World Investment Advisors LLC raised 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 buying an additional 711,094 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $57.79 on Tuesday. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The firm has a market cap of $39.51 billion, a PE ratio of 24.79 and a beta of 0.61. The company has a 50-day moving average of $58.47 and a two-hundred day moving average of $58.89.

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.