RoundAngle Advisors LLC Invests $1.29 Million in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

RoundAngle Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 22,332 shares of the company’s stock, valued at approximately $1,285,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Heritage Wealth Management Inc. bought a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $978,000. Citigroup Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 51.8% during the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after buying an additional 50,459 shares during the period. Summit Wealth Partners LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock valued at $4,360,000 after acquiring an additional 957 shares in the last quarter. Horizon Advisory Services Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 0.5% in the second quarter. Horizon Advisory Services Inc. now owns 472,229 shares of the company’s stock worth $26,766,000 after acquiring an additional 2,158 shares during the period. Finally, Brown Financial Advisors bought a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $3,263,000.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $58.50 on Monday. The firm has a 50-day simple moving average of $59.02 and a 200-day simple moving average of $58.44. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The firm has a market cap of $34.33 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.