Sapient Capital LLC Invests $287,000 in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Sapient Capital LLC purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 5,175 shares of the company’s stock, valued at approximately $287,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Wealth Management Partners LLC boosted its stake in JPMorgan Equity Premium Income ETF by 2.0% in the fourth quarter. Wealth Management Partners LLC now owns 9,820 shares of the company’s stock valued at $540,000 after buying an additional 195 shares in the last quarter. Perritt Capital Management Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 44.4% during the 3rd quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after purchasing an additional 200 shares during the last quarter. Wealth Alliance increased its position in JPMorgan Equity Premium Income ETF by 5.8% during the 3rd quarter. Wealth Alliance now owns 3,930 shares of the company’s stock worth $211,000 after purchasing an additional 214 shares in the last quarter. Meeder Advisory Services Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 0.4% in the 3rd quarter. Meeder Advisory Services Inc. now owns 50,001 shares of the company’s stock valued at $2,678,000 after purchasing an additional 217 shares during the last quarter. Finally, Assetmark Inc. boosted its position in JPMorgan Equity Premium Income ETF by 5.0% in the third quarter. Assetmark Inc. now owns 4,956 shares of the company’s stock valued at $265,000 after buying an additional 235 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $56.35 on Tuesday. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $57.94. The company has a market capitalization of $33.06 billion, a PE ratio of 24.40 and a beta of 0.53. The company has a fifty day moving average of $56.76 and a 200-day moving average of $55.53.

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.