Sterling Investment Counsel LLC Has $23.66 Million Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Sterling Investment Counsel LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 125.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 414,001 shares of the company’s stock after purchasing an additional 230,447 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 8.1% of Sterling Investment Counsel LLC’s investment portfolio, making the stock its 2nd biggest holding. Sterling Investment Counsel LLC owned about 0.06% of JPMorgan Equity Premium Income ETF worth $23,656,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in JEPI. Bank of Jackson Hole Trust acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $28,000. Duncker Streett & Co. Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at $28,000. Crowley Wealth Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $32,000. Global Wealth Strategies & Associates bought a new position in JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $36,000. Finally, Park Square Financial Group LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $40,000.

JPMorgan Equity Premium Income ETF Stock Down 0.2%

Shares of NYSEARCA:JEPI opened at $55.74 on Thursday. The business’s 50 day moving average is $55.40 and its 200 day moving average is $57.12. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $60.88. The stock has a market cap of $39.67 billion, a price-to-earnings ratio of 24.45 and a beta of 0.60.

JPMorgan Equity Premium Income ETF Company 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.