Sterling Investment Advisors Ltd. Acquires 8,256 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Sterling Investment Advisors Ltd. grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.1% in the 4th quarter, Holdings Channel reports. The fund owned 99,191 shares of the company’s stock after buying an additional 8,256 shares during the period. JPMorgan Equity Premium Income ETF accounts for 1.4% of Sterling Investment Advisors Ltd.’s investment portfolio, making the stock its 20th largest holding. Sterling Investment Advisors Ltd.’s holdings in JPMorgan Equity Premium Income ETF were worth $5,706,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in JPMorgan Equity Premium Income ETF by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after purchasing an additional 3,536,406 shares during the period. HighTower Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.4% in the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after purchasing an additional 83,858 shares in the last quarter. MML Investors Services LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 16.9% in the 3rd quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock worth $155,331,000 after purchasing an additional 376,400 shares in the last quarter. Stifel Financial Corp lifted its stake in JPMorgan Equity Premium Income ETF by 7.0% during the 3rd quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock valued at $124,281,000 after acquiring an additional 136,138 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in JPMorgan Equity Premium Income ETF by 28.0% during the 3rd quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock valued at $113,083,000 after acquiring an additional 416,013 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $59.10 on Tuesday. The stock has a market capitalization of $34.68 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The business’s fifty day moving average is $58.56 and its 200-day moving average is $58.90.

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.