Sterling Investment Advisors Ltd. Buys 10,547 Shares of JPMorgan Equity Premium Income ETF $JEPI

Sterling Investment Advisors Ltd. increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 141,976 shares of the company’s stock after purchasing an additional 10,547 shares during the period. JPMorgan Equity Premium Income ETF makes up 1.3% of Sterling Investment Advisors Ltd.’s holdings, making the stock its 16th largest position. Sterling Investment Advisors Ltd.’s holdings in JPMorgan Equity Premium Income ETF were worth $8,047,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in JEPI. Rice Partnership LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 124.5% in the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after purchasing an additional 249 shares in the last quarter. Providence Capital Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $26,000. FNY Investment Advisers LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $28,000. Advocate Investing Services LLC bought a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter valued at approximately $28,000. Finally, EQ Wealth Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $29,000.

JPMorgan Equity Premium Income ETF Stock Down 0.3%

Shares of JEPI opened at $56.58 on Wednesday. The stock has a market capitalization of $45.04 billion, a P/E ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The company has a 50 day moving average of $56.13 and a 200-day moving average of $57.30.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.