D. E. Shaw & Co. Inc. Buys New Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

D. E. Shaw & Co. Inc. bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 34,422 shares of the company’s stock, valued at approximately $1,980,000.

Other large investors have also recently bought and sold shares of the company. Bank of Jackson Hole Trust purchased a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $28,000. Duncker Streett & Co. Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $28,000. Crowley Wealth Management Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $32,000. Creative Capital Management Investments LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $32,000. Finally, Missouri Trust & Investment Co grew its holdings in shares of JPMorgan Equity Premium Income ETF by 737.2% during the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after purchasing an additional 634 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $55.92 on Thursday. The stock’s 50-day moving average is $55.34 and its two-hundred day moving average is $57.67. The firm has a market cap of $39.51 billion, a price-to-earnings ratio of 24.55 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88.

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.