JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Shepherd Kaplan Krochuk LLC

Shepherd Kaplan Krochuk LLC increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 22.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 57,270 shares of the company’s stock after buying an additional 10,410 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 2.8% of Shepherd Kaplan Krochuk LLC’s investment portfolio, making the stock its 13th biggest holding. Shepherd Kaplan Krochuk LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,295,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $55.96 on Friday. The stock has a 50-day simple moving average of $55.38 and a two-hundred day simple moving average of $57.74. The firm has a market capitalization of $39.54 billion, a P/E ratio of 24.55 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88.

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.