Chung Wu Investment Group LLC Purchases Shares of 22,032 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Chung Wu Investment Group LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 22,032 shares of the company’s stock, valued at approximately $1,268,000. JPMorgan Equity Premium Income ETF accounts for 1.3% of Chung Wu Investment Group LLC’s investment portfolio, making the stock its 21st largest holding.

Several other institutional investors also recently modified their holdings of the business. Bellevue Asset Management LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 1.5% in the 4th quarter. Bellevue Asset Management LLC now owns 53,553 shares of the company’s stock valued at $3,081,000 after buying an additional 792 shares during the last quarter. Raymond James Financial Inc. bought a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $322,301,000. Dana Investment Advisors Inc. increased its position in JPMorgan Equity Premium Income ETF by 9.8% during the 4th quarter. Dana Investment Advisors Inc. now owns 5,705 shares of the company’s stock valued at $328,000 after purchasing an additional 508 shares during the period. Cullen Frost Bankers Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 18.7% during the 4th quarter. Cullen Frost Bankers Inc. now owns 20,614 shares of the company’s stock worth $1,186,000 after purchasing an additional 3,253 shares during the last quarter. Finally, Atria Investments Inc boosted its stake in shares of JPMorgan Equity Premium Income ETF by 112.1% in the 4th quarter. Atria Investments Inc now owns 160,775 shares of the company’s stock valued at $9,249,000 after purchasing an additional 84,987 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.9 %

Shares of NYSEARCA JEPI opened at $58.50 on Thursday. The company has a market capitalization of $39.11 billion, a PE ratio of 25.75 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The firm has a fifty day simple moving average of $58.62 and a 200 day simple moving average of $58.97.

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.