Running Point Capital Advisors LLC Has $38,000 Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Running Point Capital Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 131.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 638 shares of the company’s stock after purchasing an additional 362 shares during the period. Running Point Capital Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $38,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JEPI. Salomon & Ludwin LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth $25,000. HHM Wealth Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter worth about $28,000. Beaird Harris Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at approximately $38,000. Centerpoint Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $43,000. Finally, Brown Lisle Cummings Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after purchasing an additional 255 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $59.46 on Thursday. The firm’s fifty day moving average price is $59.31 and its two-hundred day moving average price is $57.77. The stock has a market cap of $34.89 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.27 and a fifty-two week high of $60.20.

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.