Welch Group LLC Buys New Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Welch Group LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, Holdings Channel reports. The firm acquired 7,496 shares of the company’s stock, valued at approximately $434,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Salomon & Ludwin LLC purchased a new position in JPMorgan Equity Premium Income ETF in the third quarter worth about $25,000. Ulland Investment Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $31,000. Running Point Capital Advisors LLC raised its holdings in JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after buying an additional 362 shares during the period. Missouri Trust & Investment Co raised its holdings in JPMorgan Equity Premium Income ETF by 737.2% during the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock valued at $41,000 after buying an additional 634 shares during the period. Finally, Brown Lisle Cummings Inc. lifted its position in 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 worth $47,000 after buying an additional 255 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.7 %

JPMorgan Equity Premium Income ETF stock opened at $58.56 on Tuesday. The firm has a market capitalization of $34.36 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The firm has a 50-day moving average price of $58.83 and a 200-day moving average price of $58.62.

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.