JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is MBA Advisors LLC’s 9th Largest Position

MBA Advisors LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 104,814 shares of the company’s stock after acquiring an additional 3,051 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 3.0% of MBA Advisors LLC’s investment portfolio, making the stock its 9th biggest position. MBA Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,030,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Comprehensive Financial Planning Inc. PA acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $644,000. Savant Capital LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 468.8% during the 4th quarter. Savant Capital LLC now owns 20,613 shares of the company’s stock worth $1,186,000 after buying an additional 16,989 shares during the period. Wagner Wealth Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 5.6% during the 4th quarter. Wagner Wealth Management LLC now owns 343,408 shares of the company’s stock valued at $19,756,000 after buying an additional 18,363 shares in the last quarter. Activest Wealth Management lifted its position in shares of JPMorgan Equity Premium Income ETF by 17.3% during the 4th quarter. Activest Wealth Management now owns 12,766 shares of the company’s stock valued at $734,000 after buying an additional 1,879 shares in the last quarter. Finally, Focused Wealth Management Inc grew its stake in JPMorgan Equity Premium Income ETF by 14.6% in the 4th quarter. Focused Wealth Management Inc now owns 84,426 shares of the company’s stock valued at $4,857,000 after acquiring an additional 10,727 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $58.79 on Monday. The stock has a market capitalization of $34.50 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The company has a fifty day moving average of $58.68 and a two-hundred day moving average of $58.67.

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.