Herold Advisors Inc. Purchases 3,157 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Herold Advisors Inc. boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,317 shares of the company’s stock after acquiring an additional 3,157 shares during the quarter. Herold Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,437,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in JEPI. International Assets Investment Management LLC bought a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $647,943,000. Morgan Stanley boosted its position in JPMorgan Equity Premium Income ETF by 12.1% in the third quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock valued at $1,751,195,000 after buying an additional 3,531,562 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in JPMorgan Equity Premium Income ETF by 41.5% in the third quarter. Envestnet Asset Management Inc. now owns 5,521,187 shares of the company’s stock valued at $295,715,000 after buying an additional 1,618,295 shares in the last quarter. Bank of New York Mellon Corp boosted its position in JPMorgan Equity Premium Income ETF by 1,421.3% in the third quarter. Bank of New York Mellon Corp now owns 1,536,371 shares of the company’s stock valued at $82,288,000 after buying an additional 1,435,379 shares in the last quarter. Finally, UBS Group AG boosted its position in JPMorgan Equity Premium Income ETF by 21.5% in the third quarter. UBS Group AG now owns 5,795,557 shares of the company’s stock valued at $310,410,000 after buying an additional 1,024,956 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.28 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $57.94. The firm has a market capitalization of $32.97 billion, a P/E ratio of 24.51 and a beta of 0.54. The company’s 50 day moving average price is $56.83 and its two-hundred day moving average price is $55.40.

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.