MJP Associates Inc. ADV Buys 14,994 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

MJP Associates Inc. ADV grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 14.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 115,703 shares of the company’s stock after acquiring an additional 14,994 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 1.2% of MJP Associates Inc. ADV’s investment portfolio, making the stock its 17th biggest position. MJP Associates Inc. ADV’s holdings in JPMorgan Equity Premium Income ETF were worth $6,656,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of Jackson Hole Trust bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $28,000. Duncker Streett & Co. Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $28,000. Ulland Investment Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $31,000. Creative Capital Management Investments LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $32,000. Finally, Crowley Wealth Management Inc. bought a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $32,000.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $55.65 on Monday. The firm has a market capitalization of $38.53 billion, a price-to-earnings ratio of 23.72 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88. The stock has a fifty day moving average of $55.54 and a 200 day moving average of $57.81.

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.