Nations Financial Group Inc. IA ADV Grows Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Nations Financial Group Inc. IA ADV boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 173.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 101,913 shares of the company’s stock after purchasing an additional 64,663 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in JPMorgan Equity Premium Income ETF were worth $5,603,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Perritt Capital Management Inc. lifted its position in JPMorgan Equity Premium Income ETF by 44.4% during the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after purchasing an additional 200 shares in the last quarter. Capital Advisors Ltd. LLC lifted its position in JPMorgan Equity Premium Income ETF by 79.3% during the fourth quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock valued at $36,000 after purchasing an additional 291 shares in the last quarter. BOK Financial Private Wealth Inc. lifted its position in JPMorgan Equity Premium Income ETF by 400.0% during the fourth quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock valued at $42,000 after purchasing an additional 600 shares in the last quarter. Roble Belko & Company Inc purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $42,000. Finally, GAMMA Investing LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $44,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI remained flat at $56.92 on Friday. The company had a trading volume of 2,257,843 shares, compared to its average volume of 3,403,826. The business has a 50-day simple moving average of $56.77 and a 200 day simple moving average of $55.93. The firm has a market cap of $33.40 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month 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.