Empirical Asset Management LLC Increases Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Empirical Asset Management LLC increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 211.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 14,571 shares of the company’s stock after buying an additional 9,896 shares during the period. Empirical Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $838,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter worth about $25,000. Running Point Capital Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after purchasing an additional 362 shares in the last quarter. Brown Lisle Cummings Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares during the period. Pathway Financial Advisers LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at approximately $49,000. Finally, Abound Wealth Management raised its position in shares of JPMorgan Equity Premium Income ETF by 1,320.8% during the fourth quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock valued at $63,000 after buying an additional 1,017 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $58.50 on Friday. The firm has a market cap of $34.33 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The firm has a fifty day moving average price of $59.02 and a 200 day moving average price of $58.42. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week 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.