Ritter Daniher Financial Advisory LLC DE Acquires 3,391 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Ritter Daniher Financial Advisory LLC DE increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 147,788 shares of the company’s stock after buying an additional 3,391 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 2.4% of Ritter Daniher Financial Advisory LLC DE’s portfolio, making the stock its 11th largest position. Ritter Daniher Financial Advisory LLC DE’s holdings in JPMorgan Equity Premium Income ETF were worth $8,503,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $28,000. Duncker Streett & Co. Inc. acquired a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $28,000. Ulland Investment Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth about $31,000. Creative Capital Management Investments LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $32,000. Finally, Crowley Wealth Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $32,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $52.14 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $52.10 and a fifty-two week high of $60.88. The stock has a 50 day simple moving average of $58.09 and a two-hundred day simple moving average of $58.76. The company has a market cap of $35.99 billion, a P/E ratio of 24.88 and a beta of 0.61.

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.