Lowery Thomas LLC Has $4.34 Million Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Lowery Thomas LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 75,411 shares of the company’s stock after acquiring an additional 5,669 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 2.8% of Lowery Thomas LLC’s investment portfolio, making the stock its 12th largest holding. Lowery Thomas LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,338,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Clarity Wealth Advisors LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 0.7% in the fourth quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock valued at $3,204,000 after buying an additional 401 shares during the last quarter. Tandem Financial LLC bought a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $757,000. US Bancorp DE lifted its holdings in JPMorgan Equity Premium Income ETF by 28.0% during the 4th quarter. US Bancorp DE now owns 28,673 shares of the company’s stock valued at $1,650,000 after purchasing an additional 6,273 shares during the last quarter. Citigroup Inc. boosted its position in JPMorgan Equity Premium Income ETF by 51.8% during the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after purchasing an additional 50,459 shares during the period. Finally, First Horizon Advisors Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 223.8% in the fourth quarter. First Horizon Advisors Inc. now owns 5,961 shares of the company’s stock valued at $343,000 after purchasing an additional 4,120 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $58.20 on Monday. The company’s 50-day moving average is $58.60 and its 200-day moving average is $58.98. The firm has a market capitalization of $38.91 billion, a PE ratio of 25.75 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88.

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.