RIA Advisory Group LLC Invests $99,000 in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

RIA Advisory Group LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,806 shares of the company’s stock, valued at approximately $99,000.

Other institutional investors have also modified their holdings of the company. Morgan Stanley lifted its stake in JPMorgan Equity Premium Income ETF by 12.1% in the 3rd quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock valued at $1,751,195,000 after buying an additional 3,531,562 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $647,943,000. Moneta Group Investment Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $460,136,000. Royal Bank of Canada raised its holdings in JPMorgan Equity Premium Income ETF by 15.3% in the 3rd quarter. Royal Bank of Canada now owns 6,937,583 shares of the company’s stock valued at $371,576,000 after acquiring an additional 922,303 shares during the last quarter. Finally, UBS Group AG raised its holdings in JPMorgan Equity Premium Income ETF by 21.5% in the 3rd quarter. UBS Group AG now owns 5,795,557 shares of the company’s stock valued at $310,410,000 after acquiring an additional 1,024,956 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $55.45 on Friday. The stock has a fifty day moving average of $56.82 and a two-hundred day moving average of $55.28. The company has a market capitalization of $32.48 billion, a PE ratio of 24.51 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $57.94.

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.