RMR Wealth Builders bought a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,811 shares of the company’s stock, valued at approximately $277,000.
Several other hedge funds have also recently made changes to their positions in the company. Salomon & Ludwin LLC bought a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $25,000. HHM Wealth Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $28,000. Running Point Capital Advisors LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after acquiring an additional 362 shares during the period. Brown Lisle Cummings Inc. grew its position 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 valued at $47,000 after purchasing an additional 255 shares in the last quarter. Finally, Pathway Financial Advisers LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $49,000.
JPMorgan Equity Premium Income ETF Stock Down 1.4 %
Shares of NYSEARCA JEPI opened at $57.06 on Friday. The company has a market cap of $33.48 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $54.72 and a 52 week high of $60.88. The business has a 50-day simple moving average of $59.18 and a two-hundred day simple moving average of $58.36.
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.
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