Cahill Financial Advisors Inc. Purchases 11,671 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cahill Financial Advisors Inc. raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 14.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 94,685 shares of the company’s stock after acquiring an additional 11,671 shares during the period. JPMorgan Equity Premium Income ETF comprises 0.7% of Cahill Financial Advisors Inc.’s portfolio, making the stock its 26th biggest position. Cahill Financial Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $5,447,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. BOS Asset Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 3.5% in the fourth quarter. BOS Asset Management LLC now owns 4,982 shares of the company’s stock worth $287,000 after purchasing an additional 170 shares in the last quarter. Consolidated Planning Corp boosted its stake in shares of JPMorgan Equity Premium Income ETF by 0.5% during the 4th quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock worth $1,931,000 after buying an additional 179 shares during the last quarter. Landmark Wealth Management LLC raised its holdings in JPMorgan Equity Premium Income ETF by 5.1% during the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after acquiring an additional 185 shares in the last quarter. Fortis Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 2.0% during the 4th quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after purchasing an additional 196 shares during the last quarter. Finally, Beam Wealth Advisors Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 0.4% in the 4th quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock valued at $2,948,000 after buying an additional 196 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $55.66 on Monday. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The company has a market cap of $38.53 billion, a PE ratio of 23.72 and a beta of 0.61. The firm has a 50-day moving average of $55.86 and a 200-day moving average of $57.95.

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.