Bellevue Asset Management LLC Acquires 792 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Bellevue Asset Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,553 shares of the company’s stock after acquiring an additional 792 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 1.6% of Bellevue Asset Management LLC’s investment portfolio, making the stock its 13th biggest position. Bellevue Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,081,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of JEPI. Raymond James Financial Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at about $322,301,000. JPMorgan Chase & Co. grew its position in shares of JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after purchasing an additional 3,536,406 shares in the last quarter. Strategic Financial Concepts LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 4,498.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock valued at $74,890,000 after purchasing an additional 1,273,452 shares in the last quarter. Eaton Financial Holdings Company LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at about $51,202,000. Finally, World Investment Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 748.5% during the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after purchasing an additional 711,094 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.9 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.50 on Thursday. The firm has a market cap of $39.11 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. The business has a 50-day moving average price of $58.62 and a 200-day moving average price of $58.97. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88.

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.