Delta Investment Management LLC Has $20.43 Million Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Delta Investment Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 374.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 371,630 shares of the company’s stock after purchasing an additional 293,380 shares during the period. JPMorgan Equity Premium Income ETF comprises about 5.1% of Delta Investment Management LLC’s portfolio, making the stock its 3rd largest holding. Delta Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $20,432,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in JEPI. Perritt Capital Management Inc. grew its position in JPMorgan Equity Premium Income ETF by 44.4% in the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after purchasing an additional 200 shares in the last quarter. Albion Financial Group UT grew its position in shares of JPMorgan Equity Premium Income ETF by 8,375.0% in the 3rd quarter. Albion Financial Group UT now owns 678 shares of the company’s stock valued at $36,000 after acquiring an additional 670 shares during the period. Capital Advisors Ltd. LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 79.3% in the 4th quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock valued at $36,000 after acquiring an additional 291 shares during the period. BOK Financial Private Wealth Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 400.0% in the 4th quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock valued at $42,000 after acquiring an additional 600 shares during the period. Finally, Roble Belko & Company Inc bought a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $42,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $56.28 on Friday. The firm has a 50-day moving average of $56.83 and a 200-day moving average of $55.41. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $57.94. The company has a market cap of $32.97 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.