Tucker Asset Management LLC Boosts Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Tucker Asset Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,764 shares of the company’s stock after purchasing an additional 544 shares during the period. JPMorgan Equity Premium Income ETF makes up 0.2% of Tucker Asset Management LLC’s holdings, making the stock its 23rd biggest holding. Tucker Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $922,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in JEPI. Creekmur Asset Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $260,000. Bbjs Financial Advisors LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 28.2% during the 4th quarter. Bbjs Financial Advisors LLC now owns 2,727 shares of the company’s stock worth $150,000 after purchasing an additional 600 shares during the last quarter. Chicago Partners Investment Group LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $215,000. Napa Wealth Management purchased a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $1,254,000. Finally, Raleigh Capital Management Inc. raised its stake in JPMorgan Equity Premium Income ETF by 21.6% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,126 shares of the company’s stock valued at $62,000 after buying an additional 200 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.2 %

JPMorgan Equity Premium Income ETF stock traded down $0.11 during mid-day trading on Friday, hitting $56.20. The company had a trading volume of 2,732,010 shares, compared to its average volume of 3,338,612. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $57.94. The business has a fifty day moving average of $56.50 and a 200 day moving average of $56.16. The stock has a market cap of $32.98 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.