International Assets Investment Management LLC Makes New Investment in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

International Assets Investment Management LLC acquired a new stake in 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 acquired 212,990 shares of the company’s stock, valued at approximately $12,245,000. JPMorgan Equity Premium Income ETF accounts for about 0.6% of International Assets Investment Management LLC’s investment portfolio, making the stock its 21st largest holding.

Several other hedge funds also recently made changes to their positions in JEPI. Salomon & Ludwin LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $25,000. HHM Wealth Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $28,000. Running Point Capital Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after acquiring an additional 362 shares during the last quarter. Brown Lisle Cummings Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after acquiring an additional 255 shares in the last quarter. Finally, Pathway Financial Advisers LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth $49,000.

JPMorgan Equity Premium Income ETF Stock Down 0.2 %

JPMorgan Equity Premium Income ETF stock traded down $0.13 during trading hours on Wednesday, hitting $57.53. The stock had a trading volume of 652,641 shares, compared to its average volume of 3,304,636. The stock has a market cap of $33.76 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business’s 50 day simple moving average is $59.23 and its 200-day simple moving average is $58.37. JPMorgan Equity Premium Income ETF has a one year low of $54.72 and a one year high of $60.88.

JPMorgan Equity Premium Income ETF 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.