4,811 Shares in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Bought by RMR Wealth Builders

RMR Wealth Builders acquired a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 4,811 shares of the company’s stock, valued at approximately $277,000.

A number of other hedge funds have also recently bought and sold shares of JEPI. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at about $25,000. HHM Wealth Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $28,000. Running Point Capital Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after buying an additional 362 shares during the last quarter. Brown Lisle Cummings Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after acquiring an additional 255 shares in the last quarter. Finally, Pathway Financial Advisers LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $49,000.

JPMorgan Equity Premium Income ETF Trading Down 1.4 %

JEPI stock opened at $57.06 on Friday. The stock has a market cap of $33.48 billion, a P/E ratio of 24.40 and a beta of 0.53. The stock’s fifty day simple moving average is $59.18 and its two-hundred day simple moving average is $58.36. JPMorgan Equity Premium Income ETF has a 1-year low of $54.72 and a 1-year high of $60.88.

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.