Lifestyle Asset Management Inc. Buys 2,100 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Lifestyle Asset Management Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 63,292 shares of the company’s stock after buying an additional 2,100 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 2.0% of Lifestyle Asset Management Inc.’s investment portfolio, making the stock its 10th largest holding. Lifestyle Asset Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,641,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $25,000. Ulland Investment Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $31,000. Running Point Capital Advisors LLC increased its position in JPMorgan Equity Premium Income ETF by 131.2% during 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 during the period. Missouri Trust & Investment Co increased its position in JPMorgan Equity Premium Income ETF by 737.2% during the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after purchasing an additional 634 shares during the period. Finally, Brown Lisle Cummings Inc. increased its position in 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 worth $47,000 after purchasing an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.5 %

NYSEARCA JEPI opened at $59.14 on Friday. The business’s 50 day moving average is $58.93 and its two-hundred day moving average is $58.48. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The stock has a market capitalization of $34.71 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.