Members Advisory Group LLC Acquires 9,454 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Members Advisory Group LLC boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 99,363 shares of the company’s stock after acquiring an additional 9,454 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 2.3% of Members Advisory Group LLC’s investment portfolio, making the stock its 14th biggest holding. Members Advisory Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,721,000 at the end of the most recent reporting period.

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

JPMorgan Equity Premium Income ETF Trading Down 1.0 %

NYSEARCA JEPI opened at $59.13 on Friday. The firm’s fifty day moving average price is $58.57 and its two-hundred day moving average price is $58.85. 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 capitalization of $34.70 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.