Tyche Wealth Partners LLC Invests $351,000 in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Tyche Wealth Partners LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 6,383 shares of the company’s stock, valued at approximately $351,000.

Other institutional investors also recently modified their holdings of the company. Family Management Corp bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $25,000. Salem Investment Counselors Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $27,000. Patriot Investment Management Group Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $27,000. Janiczek Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $30,000. Finally, Perritt Capital Management Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 44.4% in the 3rd quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after buying an additional 200 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.4 %

NYSEARCA JEPI opened at $55.49 on Thursday. The business’s 50-day moving average price is $56.85 and its two-hundred day moving average price is $55.27. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $57.94. The firm has a market capitalization of $32.51 billion, a PE ratio of 24.51 and a beta of 0.54.

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.