Scott Capital Advisors LLC Increases Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Scott Capital Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,337 shares of the company’s stock after buying an additional 1,708 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for about 0.8% of Scott Capital Advisors LLC’s holdings, making the stock its 15th biggest holding. Scott Capital Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,768,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the business. JPMorgan Chase & Co. boosted its holdings 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 valued at $1,332,380,000 after purchasing an additional 3,536,406 shares during the period. Eaton Financial Holdings Company LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter worth about $51,202,000. World Investment Advisors LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 748.5% during the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock worth $47,971,000 after buying an additional 711,094 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth approximately $31,505,000. Finally, Marks Wealth LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter worth approximately $29,284,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $58.50 on Monday. The company’s 50 day moving average price is $59.02 and its 200 day moving average price is $58.44. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The firm has a market capitalization of $34.33 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.