Signature Wealth Management Partners LLC Grows Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Signature Wealth Management Partners LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 182,461 shares of the company’s stock after buying an additional 11,487 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 7.2% of Signature Wealth Management Partners LLC’s portfolio, making the stock its 3rd biggest position. Signature Wealth Management Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,497,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Salomon & Ludwin LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at about $25,000. Ulland Investment Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $31,000. Running Point Capital Advisors LLC boosted its stake in JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after purchasing an additional 362 shares during the last quarter. Missouri Trust & Investment Co increased its holdings in JPMorgan Equity Premium Income ETF by 737.2% during the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after purchasing an additional 634 shares in the last quarter. Finally, Brown Lisle Cummings Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 48.0% in 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 last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.5 %

Shares of NYSEARCA:JEPI opened at $58.98 on Wednesday. The business’s 50 day moving average is $58.91 and its 200 day moving average is $58.57. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The stock has a market cap of $34.61 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.