Capital Investment Advisory Services LLC Buys 55,610 Shares of JPMorgan Equity Premium Income ETF $JEPI

Capital Investment Advisory Services LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 32.7% in the 4th quarter, Holdings Channel reports. The fund owned 225,716 shares of the company’s stock after acquiring an additional 55,610 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 0.9% of Capital Investment Advisory Services LLC’s investment portfolio, making the stock its 17th biggest position. Capital Investment Advisory Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $12,920,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in JEPI. Clarity Asset Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $25,000. Asset Dedication LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $28,000. FNY Investment Advisers LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $28,000. BTG Pactual Asset Management US LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $31,000. Finally, Logan Capital Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter worth $33,000.

JPMorgan Equity Premium Income ETF Trading Up 1.9%

JPMorgan Equity Premium Income ETF stock opened at $57.61 on Thursday. The company has a market cap of $44.66 billion, a P/E ratio of 23.93 and a beta of 0.59. JPMorgan Equity Premium Income ETF has a 1-year low of $50.54 and a 1-year high of $59.90. The company has a fifty day simple moving average of $58.03 and a 200 day simple moving average of $57.57.

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