JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by BlackDiamond Wealth Management LLC

BlackDiamond Wealth Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.5% during the 4th quarter, Holdings Channel reports. The fund owned 22,201 shares of the company’s stock after acquiring an additional 548 shares during the quarter. BlackDiamond Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,242,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Sapient Capital LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at about $285,000. AdvisorNet Financial Inc raised its stake in JPMorgan Equity Premium Income ETF by 2.4% during the 4th quarter. AdvisorNet Financial Inc now owns 35,624 shares of the company’s stock valued at $1,959,000 after purchasing an additional 830 shares during the period. EP Wealth Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $111,000. Modera Wealth Management LLC purchased a new position in JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $207,000. Finally, Etesian Wealth Advisors Inc. increased its stake in JPMorgan Equity Premium Income ETF by 52.9% in the 4th quarter. Etesian Wealth Advisors Inc. now owns 8,331 shares of the company’s stock valued at $458,000 after buying an additional 2,881 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.4 %

Shares of NYSEARCA:JEPI traded down $0.23 during trading on Thursday, reaching $57.03. 1,868,979 shares of the company traded hands, compared to its average volume of 3,402,367. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $57.94. The firm has a market cap of $33.47 billion, a P/E ratio of 24.40 and a beta of 0.53. The firm has a fifty day simple moving average of $56.78 and a 200 day simple moving average of $55.89.

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.