Flagstar Advisors Inc. Buys 20,746 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Flagstar Advisors Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 42.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,035 shares of the company’s stock after purchasing an additional 20,746 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 1.0% of Flagstar Advisors Inc.’s portfolio, making the stock its 27th biggest position. Flagstar Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $4,057,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Clarity Wealth Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 0.7% in the fourth quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock valued at $3,204,000 after acquiring an additional 401 shares during the last quarter. Tandem Financial LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $757,000. Citigroup Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 51.8% during the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after buying an additional 50,459 shares during the last quarter. Accurate Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $215,000. Finally, Whittier Trust Co. acquired a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth $108,000.

JPMorgan Equity Premium Income ETF Stock Up 0.3 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $59.35 on Wednesday. The business has a fifty day simple moving average of $58.57 and a 200 day simple moving average of $58.79. The stock has a market cap of $34.83 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month 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.