AlphaStar Capital Management LLC Has $1.02 Million Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

AlphaStar Capital Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 201.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,702 shares of the company’s stock after buying an additional 11,826 shares during the period. AlphaStar Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,018,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JEPI. Salomon & Ludwin LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $25,000. Ulland Investment Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $31,000. Running Point Capital Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after buying an additional 362 shares during the period. Missouri Trust & Investment Co lifted its position in shares of JPMorgan Equity Premium Income ETF by 737.2% in the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock valued at $41,000 after buying an additional 634 shares during the last quarter. Finally, Brown Lisle Cummings Inc. boosted its stake in shares of 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 period.

JPMorgan Equity Premium Income ETF Trading Down 0.4 %

JEPI stock opened at $58.79 on Friday. The business’s 50 day simple moving average is $58.68 and its 200 day simple moving average is $58.66. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The firm has a market capitalization of $34.50 billion, a PE ratio of 24.40 and a beta of 0.53.

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.