Aviance Capital Partners LLC Boosts Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Aviance Capital Partners LLC lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.4% during the 1st quarter, Holdings Channel reports. The institutional investor owned 16,100 shares of the company’s stock after buying an additional 826 shares during the period. Aviance Capital Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $932,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of JEPI. Perritt Capital Management Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 44.4% during the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after acquiring an additional 200 shares during the last quarter. Burkett Financial Services LLC bought a new position in JPMorgan Equity Premium Income ETF during the 1st quarter valued at approximately $35,000. Capital Advisors Ltd. LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 79.3% in the 4th quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock worth $36,000 after buying an additional 291 shares during the period. BOK Financial Private Wealth Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 400.0% in the 4th quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock worth $42,000 after buying an additional 600 shares during the last quarter. Finally, Roble Belko & Company Inc purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $42,000.

JPMorgan Equity Premium Income ETF Stock Down 1.0 %

Shares of JEPI stock opened at $56.11 on Tuesday. The firm has a market capitalization of $32.93 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The stock has a fifty day moving average of $56.59 and a 200 day moving average of $56.33. JPMorgan Equity Premium Income ETF has a 52 week low of $51.38 and a 52 week high of $57.94.

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.