NCM Capital Management LLC Increases Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

NCM Capital Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.6% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 118,919 shares of the company’s stock after purchasing an additional 4,098 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 3.4% of NCM Capital Management LLC’s portfolio, making the stock its 6th biggest holding. NCM Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,077,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Captrust Financial Advisors grew its stake in shares of JPMorgan Equity Premium Income ETF by 3.3% in the 3rd quarter. Captrust Financial Advisors now owns 216,745 shares of the company’s stock worth $12,898,000 after acquiring an additional 7,016 shares in the last quarter. Financial Counselors Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 13.6% during the third quarter. Financial Counselors Inc. now owns 224,238 shares of the company’s stock worth $13,344,000 after purchasing an additional 26,883 shares during the last quarter. Fiduciary Trust Co grew its position in JPMorgan Equity Premium Income ETF by 44.7% in the 3rd quarter. Fiduciary Trust Co now owns 13,501 shares of the company’s stock worth $803,000 after purchasing an additional 4,172 shares in the last quarter. RPg Family Wealth Advisory LLC increased its stake in JPMorgan Equity Premium Income ETF by 6.4% in the 3rd quarter. RPg Family Wealth Advisory LLC now owns 52,993 shares of the company’s stock valued at $3,154,000 after buying an additional 3,203 shares during the last quarter. Finally, CreativeOne Wealth LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 37.1% during the 3rd quarter. CreativeOne Wealth LLC now owns 210,822 shares of the company’s stock worth $12,546,000 after buying an additional 57,045 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

Shares of NYSEARCA JEPI opened at $60.79 on Friday. The company has a market capitalization of $35.67 billion, a PE ratio of 24.40 and a beta of 0.53. The stock’s 50 day moving average price is $59.49 and its 200-day moving average price is $57.92. JPMorgan Equity Premium Income ETF has a twelve month low of $54.27 and a twelve month high of $60.88.

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.