International Assets Investment Management LLC Invests $11.79 Million in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

International Assets Investment Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 214,352 shares of the company’s stock, valued at approximately $11,785,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Perritt Capital Management Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 44.4% in the 3rd quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after purchasing an additional 200 shares during the period. Albion Financial Group UT grew its position in shares of JPMorgan Equity Premium Income ETF by 8,375.0% during the 3rd quarter. Albion Financial Group UT now owns 678 shares of the company’s stock valued at $36,000 after acquiring an additional 670 shares during the period. Halpern Financial Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $52,000. Carmel Capital Partners LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $54,000. Finally, Salem Investment Counselors Inc. boosted its position in JPMorgan Equity Premium Income ETF by 33.6% during the fourth quarter. Salem Investment Counselors Inc. now owns 1,142 shares of the company’s stock worth $63,000 after purchasing an additional 287 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $56.06 on Monday. The stock has a market capitalization of $32.90 billion, a PE ratio of 24.40 and a beta of 0.53. The business has a 50 day simple moving average of $56.77 and a 200-day simple moving average of $55.49. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $57.94.

JPMorgan Equity Premium Income ETF Company 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.