Gill Capital Partners LLC Boosts Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Gill Capital Partners LLC raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,596 shares of the company’s stock after purchasing an additional 521 shares during the period. Gill Capital Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,393,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $25,000. Running Point Capital Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after acquiring an additional 362 shares during the period. Brown Lisle Cummings Inc. grew its position in JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after acquiring an additional 255 shares during the last quarter. Pathway Financial Advisers LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $49,000. Finally, Abound Wealth Management lifted its position in JPMorgan Equity Premium Income ETF by 1,320.8% in the fourth quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock valued at $63,000 after purchasing an additional 1,017 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.4 %

JEPI stock opened at $58.50 on Friday. The firm’s 50-day moving average price is $59.02 and its two-hundred day moving average price is $58.41. The stock has a market capitalization of $34.33 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88.

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.