Atlas Capital Advisors Inc. Increases Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Atlas Capital Advisors Inc. lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 56.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,166 shares of the company’s stock after buying an additional 1,504 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $240,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of JEPI. JPMorgan Chase & Co. increased its stake in JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares during the period. Raymond James Financial Inc. purchased a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $322,301,000. Commonwealth Equity Services LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 12.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 4,124,862 shares of the company’s stock valued at $237,303,000 after buying an additional 459,845 shares in the last quarter. HighTower Advisors LLC boosted its position in JPMorgan Equity Premium Income ETF by 3.0% in the 4th quarter. HighTower Advisors LLC now owns 3,682,072 shares of the company’s stock valued at $211,830,000 after buying an additional 108,546 shares during the period. Finally, CIBC Private Wealth Group LLC grew its stake in JPMorgan Equity Premium Income ETF by 0.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 3,440,098 shares of the company’s stock worth $199,147,000 after acquiring an additional 22,924 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $52.14 on Friday. The firm’s 50 day simple moving average is $58.09 and its 200-day simple moving average is $58.76. JPMorgan Equity Premium Income ETF has a one year low of $52.10 and a one year high of $60.88. The firm has a market cap of $35.99 billion, a PE ratio of 24.88 and a beta of 0.61.

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.