Gladstone Institutional Advisory LLC Boosts Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Gladstone Institutional Advisory LLC increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,760 shares of the company’s stock after acquiring an additional 3,665 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,172,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of JEPI. Salomon & Ludwin LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at approximately $25,000. Ulland Investment Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $31,000. Running Point Capital Advisors LLC grew its position 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 worth $38,000 after acquiring an additional 362 shares during the period. Missouri Trust & Investment Co increased its stake in JPMorgan Equity Premium Income ETF by 737.2% during the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after acquiring an additional 634 shares during the last quarter. Finally, Brown Lisle Cummings Inc. raised its position in JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after purchasing an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.3 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $59.04 on Thursday. The firm has a market cap of $34.65 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The business’s fifty day simple moving average is $58.61 and its 200-day simple moving average is $58.71.

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.