Ulland Investment Advisors LLC Purchases 15,901 Shares of JPMorgan Equity Premium Income ETF $JEPI

Ulland Investment Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 20.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 93,734 shares of the company’s stock after buying an additional 15,901 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 4.1% of Ulland Investment Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Ulland Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,329,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Mather Group LLC. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at $25,000. Bartlett & CO. Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at $25,000. Millstone Evans Group LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at $29,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at $29,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at $32,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $56.75 on Friday. 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 $41.08 billion, a P/E ratio of 23.93 and a beta of 0.62. The firm’s fifty day moving average price is $56.76 and its two-hundred day moving average price is $56.13.

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.