Cornell Pochily Investment Advisors Inc. Takes Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cornell Pochily Investment Advisors Inc. acquired a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 3,808 shares of the company’s stock, valued at approximately $219,000.

Several other institutional investors and hedge funds also recently bought and sold shares of JEPI. Bank of Montreal Can grew its position in shares of JPMorgan Equity Premium Income ETF by 8.8% in the second quarter. Bank of Montreal Can now owns 41,865 shares of the company’s stock valued at $2,382,000 after purchasing an additional 3,374 shares in the last quarter. AQR Capital Management LLC bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $295,000. Sepio Capital LP boosted its stake in JPMorgan Equity Premium Income ETF by 2.4% in the 2nd quarter. Sepio Capital LP now owns 18,888 shares of the company’s stock worth $1,071,000 after purchasing an additional 438 shares during the period. Creative Planning increased its position in shares of JPMorgan Equity Premium Income ETF by 7.5% during the second quarter. Creative Planning now owns 96,148 shares of the company’s stock valued at $5,450,000 after buying an additional 6,687 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of JPMorgan Equity Premium Income ETF by 14.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,132,770 shares of the company’s stock valued at $120,885,000 after buying an additional 264,714 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.1 %

Shares of NYSEARCA:JEPI opened at $59.10 on Monday. The company has a 50 day moving average of $58.93 and a 200 day moving average of $58.53. The stock has a market cap of $34.68 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 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.