JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Bought by Clear Point Advisors Inc.

Clear Point Advisors Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 15.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,253 shares of the company’s stock after buying an additional 697 shares during the quarter. Clear Point Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $302,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its position in JPMorgan Equity Premium Income ETF by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after buying an additional 3,536,406 shares in the last quarter. HighTower Advisors LLC increased its position in JPMorgan Equity Premium Income ETF by 2.4% during the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock valued at $212,643,000 after buying an additional 83,858 shares in the last quarter. MML Investors Services LLC increased its position in JPMorgan Equity Premium Income ETF by 16.9% during the 3rd quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock valued at $155,331,000 after buying an additional 376,400 shares in the last quarter. Stifel Financial Corp increased its holdings in shares of JPMorgan Equity Premium Income ETF by 7.0% in the third quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock valued at $124,281,000 after purchasing an additional 136,138 shares during the period. Finally, LPL Financial LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 28.0% in the third quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock valued at $113,083,000 after purchasing an additional 416,013 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $59.35 on Wednesday. The stock’s 50-day simple moving average is $58.57 and its 200-day simple moving average is $58.79. The firm has a market capitalization of $34.83 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88.

JPMorgan Equity Premium Income ETF Company 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.