Signature Estate & Investment Advisors LLC Purchases 2,862 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Signature Estate & Investment Advisors LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 48,645 shares of the company’s stock after purchasing an additional 2,862 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,799,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Zions Bancorporation N.A. bought a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth $863,000. FineMark National Bank & Trust raised its stake in JPMorgan Equity Premium Income ETF by 16.7% in the 4th quarter. FineMark National Bank & Trust now owns 5,990 shares of the company’s stock worth $345,000 after purchasing an additional 856 shares in the last quarter. Ashton Thomas Securities LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 38.2% in the 4th quarter. Ashton Thomas Securities LLC now owns 19,170 shares of the company’s stock valued at $1,103,000 after purchasing an additional 5,298 shares during the period. Modern Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $5,771,000. Finally, Dudley Capital Management LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $228,000.

JPMorgan Equity Premium Income ETF Stock Up 1.2 %

JEPI opened at $57.79 on Tuesday. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The stock has a market capitalization of $39.51 billion, a price-to-earnings ratio of 24.79 and a beta of 0.61. The company has a 50-day simple moving average of $58.47 and a 200 day simple moving average of $58.89.

About JPMorgan Equity Premium Income ETF

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.