Cambridge Advisors Inc. Buys 19,766 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cambridge Advisors Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 14.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 157,796 shares of the company’s stock after buying an additional 19,766 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 2.0% of Cambridge Advisors Inc.’s portfolio, making the stock its 11th largest holding. Cambridge Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $9,078,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. J2 Capital Management Inc acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $5,153,000. Sandbox Financial Partners LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 4.0% in the fourth quarter. Sandbox Financial Partners LLC now owns 196,643 shares of the company’s stock worth $11,313,000 after purchasing an additional 7,479 shares during the period. Herbst Group LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 64.1% in the 4th quarter. Herbst Group LLC now owns 83,059 shares of the company’s stock valued at $4,778,000 after buying an additional 32,449 shares in the last quarter. Krilogy Financial LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 21.6% during the 4th quarter. Krilogy Financial LLC now owns 182,504 shares of the company’s stock worth $10,499,000 after acquiring an additional 32,365 shares during the period. Finally, Ameritas Advisory Services LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 18.9% during the 4th quarter. Ameritas Advisory Services LLC now owns 145,666 shares of the company’s stock worth $8,380,000 after acquiring an additional 23,182 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $58.50 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The company has a market cap of $34.33 billion, a PE ratio of 24.40 and a beta of 0.53. The stock’s fifty day moving average price is $59.02 and its two-hundred day moving average price is $58.42.

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.