40,000 Shares in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Purchased by Anchor Capital Management Group Inc

Anchor Capital Management Group Inc purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 40,000 shares of the company’s stock, valued at approximately $2,301,000. JPMorgan Equity Premium Income ETF comprises about 0.8% of Anchor Capital Management Group Inc’s investment portfolio, making the stock its 6th largest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its position in JPMorgan Equity Premium Income ETF by 7.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 6,836,665 shares of the company’s stock valued at $393,313,000 after purchasing an additional 484,267 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of JPMorgan Equity Premium Income ETF by 16.4% in the fourth quarter. Wells Fargo & Company MN now owns 14,555,046 shares of the company’s stock valued at $837,352,000 after buying an additional 2,051,299 shares during the last quarter. Smith Moore & CO. lifted its position in JPMorgan Equity Premium Income ETF by 2.5% during the 4th quarter. Smith Moore & CO. now owns 64,053 shares of the company’s stock worth $3,685,000 after buying an additional 1,541 shares in the last quarter. Thoroughbred Financial Services LLC grew its holdings in JPMorgan Equity Premium Income ETF by 1.5% during the 4th quarter. Thoroughbred Financial Services LLC now owns 363,203 shares of the company’s stock worth $20,895,000 after acquiring an additional 5,350 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC increased its position in JPMorgan Equity Premium Income ETF by 10.7% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 23,620 shares of the company’s stock valued at $1,368,000 after acquiring an additional 2,292 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 5.6 %

Shares of NYSEARCA JEPI opened at $52.14 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $52.10 and a 1-year high of $60.88. The company has a 50-day moving average of $58.09 and a two-hundred day moving average of $58.76. The company has a market cap of $35.99 billion, a PE ratio of 24.88 and a beta of 0.61.

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.