Crescent Grove Advisors LLC Buys 104,283 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Crescent Grove Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 388.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 131,108 shares of the company’s stock after acquiring an additional 104,283 shares during the period. Crescent Grove Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,591,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of JEPI. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at $25,000. Ulland Investment Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $31,000. Running Point Capital Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after purchasing an additional 362 shares during the last quarter. Missouri Trust & Investment Co boosted its holdings in JPMorgan Equity Premium Income ETF by 737.2% in the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after purchasing an additional 634 shares during the last quarter. Finally, Brown Lisle Cummings Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after buying an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $59.10 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The company has a market cap of $34.68 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business’s 50-day moving average is $58.93 and its two-hundred day moving average is $58.52.

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.