Ritholtz Wealth Management Purchases 192 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Ritholtz Wealth Management raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.5% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,827 shares of the company’s stock after purchasing an additional 192 shares during the quarter. Ritholtz Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $447,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Potentia Wealth bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $447,000. Florida Financial Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 54.3% in the fourth quarter. Florida Financial Advisors LLC now owns 7,014 shares of the company’s stock worth $404,000 after acquiring an additional 2,468 shares during the period. US Bancorp DE grew its stake in shares of JPMorgan Equity Premium Income ETF by 28.0% in the fourth quarter. US Bancorp DE now owns 28,673 shares of the company’s stock worth $1,650,000 after acquiring an additional 6,273 shares during the period. O Shaughnessy Asset Management LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 15.8% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 3,439 shares of the company’s stock worth $198,000 after acquiring an additional 470 shares during the period. Finally, Triumph Capital Management grew its stake in shares of JPMorgan Equity Premium Income ETF by 17.3% in the fourth quarter. Triumph Capital Management now owns 47,235 shares of the company’s stock worth $2,717,000 after acquiring an additional 6,981 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.2%

Shares of JEPI stock opened at $55.74 on Friday. The company has a 50 day moving average price of $55.45 and a 200-day moving average price of $57.09. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $60.88. The firm has a market capitalization of $39.67 billion, a PE ratio of 24.45 and a beta of 0.60.

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.