Harbour Investments Inc. Purchases 58,638 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Harbour Investments Inc. lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 59.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 157,456 shares of the company’s stock after buying an additional 58,638 shares during the period. Harbour Investments Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $9,370,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Salomon & Ludwin LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter worth about $25,000. HHM Wealth Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $28,000. Beaird Harris Wealth Management LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $38,000. Centerpoint Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $43,000. Finally, Brown Lisle Cummings Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after buying an additional 255 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1 %

Shares of JEPI stock opened at $60.07 on Tuesday. JPMorgan Equity Premium Income ETF has a 12-month low of $53.67 and a 12-month high of $60.20. The firm has a fifty day moving average of $59.09 and a 200-day moving average of $57.61. The company has a market capitalization of $35.25 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

JPMorgan Equity Premium Income ETF Company 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.