World Investment Advisors LLC Purchases 45,660 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

World Investment Advisors LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 48.1% during the third quarter, Holdings Channel.com reports. The fund owned 140,665 shares of the company’s stock after acquiring an additional 45,660 shares during the period. World Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,371,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $25,000. HHM Wealth Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth $28,000. Running Point Capital Advisors LLC raised its holdings in JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after purchasing an additional 362 shares in the last quarter. Centerpoint Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $43,000. Finally, Brown Lisle Cummings Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after purchasing an additional 255 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $59.51 on Friday. The firm has a 50-day moving average of $59.64 and a 200 day moving average of $58.11. The company has a market cap of $34.92 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $54.62 and a 1 year 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.