Rovin Capital UT ADV Grows Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Rovin Capital UT ADV grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 43,327 shares of the company’s stock after acquiring an additional 1,675 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 0.9% of Rovin Capital UT ADV’s investment portfolio, making the stock its 27th largest holding. Rovin Capital UT ADV’s holdings in JPMorgan Equity Premium Income ETF were worth $2,492,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Salomon & Ludwin LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at approximately $25,000. Running Point Capital Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after purchasing an additional 362 shares during the last quarter. Brown Lisle Cummings Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 48.0% during the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares during the period. Pathway Financial Advisers LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $49,000. Finally, Abound Wealth Management increased its stake in JPMorgan Equity Premium Income ETF by 1,320.8% in the 4th quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock valued at $63,000 after buying an additional 1,017 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $58.00 on Thursday. The stock has a market capitalization of $34.04 billion, a PE ratio of 24.40 and a beta of 0.53. The company has a fifty day moving average of $59.11 and a 200-day moving average of $58.39. 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.