Fundamentun LLC Raises Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Fundamentun LLC increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Get Rating) by 1,328.8% during the 4th quarter, HoldingsChannel reports. The firm owned 66,698 shares of the company’s stock after buying an additional 62,030 shares during the period. Fundamentun LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,634,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Pin Oak Investment Advisors Inc. bought a new position in JPMorgan Equity Premium Income ETF in the third quarter worth approximately $30,000. Heritage Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF in the third quarter worth approximately $62,000. SRS Capital Advisors Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $72,000. Money Concepts Capital Corp raised its position in shares of JPMorgan Equity Premium Income ETF by 173.3% during the 3rd quarter. Money Concepts Capital Corp now owns 1,476 shares of the company’s stock valued at $76,000 after purchasing an additional 936 shares during the period. Finally, CoreFirst Bank & Trust bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $77,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock traded down $0.59 on Friday, hitting $52.53. 3,662,531 shares of the stock traded hands, compared to its average volume of 5,081,695. The firm has a market cap of $18.82 billion, a price-to-earnings ratio of 21.55 and a beta of 0.64. JPMorgan Equity Premium Income ETF has a 52 week low of $49.92 and a 52 week high of $62.60. The firm has a 50 day simple moving average of $54.42 and a two-hundred day simple moving average of $54.34.

JPMorgan Equity Premium Income ETF Company Profile

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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.