CoreCap Advisors LLC Buys New Shares in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

CoreCap Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 5,854 shares of the company’s stock, valued at approximately $332,000.

Other institutional investors have also bought and sold shares of the company. Quadrant Capital Group LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $82,000. Atlantic Edge Private Wealth Management LLC bought a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $55,000. Level Four Advisory Services LLC increased its holdings in JPMorgan Equity Premium Income ETF by 13.3% in the 4th quarter. Level Four Advisory Services LLC now owns 43,613 shares of the company’s stock valued at $2,398,000 after acquiring an additional 5,128 shares during the last quarter. Main Street Financial Solutions LLC lifted its stake in JPMorgan Equity Premium Income ETF by 5.5% in the 4th quarter. Main Street Financial Solutions LLC now owns 6,252 shares of the company’s stock worth $344,000 after purchasing an additional 328 shares in the last quarter. Finally, TrinityPoint Wealth LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 11.1% during the 4th quarter. TrinityPoint Wealth LLC now owns 63,739 shares of the company’s stock valued at $3,504,000 after purchasing an additional 6,348 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.6 %

Shares of JEPI stock opened at $58.83 on Friday. The stock has a market capitalization of $34.52 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $58.88. The stock’s 50-day moving average price is $57.28 and its 200-day moving average price is $56.91.

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.