Brookstone Capital Management Grows Position in JPMorgan Equity Premium Income ETF $JEPI

Brookstone Capital Management grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 859,926 shares of the company’s stock after acquiring an additional 36,320 shares during the quarter. Brookstone Capital Management’s holdings in JPMorgan Equity Premium Income ETF were worth $49,222,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. WESPAC Advisors SoCal LLC increased its position in JPMorgan Equity Premium Income ETF by 4.3% during the 4th quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock worth $239,000 after purchasing an additional 174 shares in the last quarter. Hurley Capital LLC lifted its position in JPMorgan Equity Premium Income ETF by 2.0% during the third quarter. Hurley Capital LLC now owns 9,098 shares of the company’s stock valued at $519,000 after buying an additional 177 shares in the last quarter. BOS Asset Management LLC grew its stake in JPMorgan Equity Premium Income ETF by 3.5% during the third quarter. BOS Asset Management LLC now owns 5,213 shares of the company’s stock worth $298,000 after buying an additional 178 shares during the period. Bessemer Group Inc. grew its stake in JPMorgan Equity Premium Income ETF by 0.9% during the third quarter. Bessemer Group Inc. now owns 20,292 shares of the company’s stock worth $1,159,000 after buying an additional 185 shares during the period. Finally, Comprehensive Money Management Services LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 3.6% in the third quarter. Comprehensive Money Management Services LLC now owns 5,428 shares of the company’s stock worth $310,000 after acquiring an additional 188 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.2%

Shares of JEPI stock opened at $55.65 on Tuesday. The company’s fifty day simple moving average is $58.26 and its 200-day simple moving average is $57.58. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $59.90. The company has a market cap of $41.01 billion, a PE ratio of 23.93 and a beta of 0.60.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.