Hedeker Wealth LLC Buys 557 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Hedeker Wealth LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 152,652 shares of the company’s stock after purchasing an additional 557 shares during the period. JPMorgan Equity Premium Income ETF accounts for 2.2% of Hedeker Wealth LLC’s holdings, making the stock its 11th biggest position. Hedeker Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,782,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Citigroup Inc. raised its stake in JPMorgan Equity Premium Income ETF by 51.8% in the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after acquiring an additional 50,459 shares during the period. Accurate Wealth Management LLC bought a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $215,000. Whittier Trust Co. bought a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $108,000. Creative Planning raised its stake in JPMorgan Equity Premium Income ETF by 44.6% in the 3rd quarter. Creative Planning now owns 139,002 shares of the company’s stock valued at $8,272,000 after acquiring an additional 42,854 shares during the period. Finally, Cornerstone Wealth Group LLC raised its stake in JPMorgan Equity Premium Income ETF by 1.7% in the 3rd quarter. Cornerstone Wealth Group LLC now owns 75,109 shares of the company’s stock valued at $4,470,000 after acquiring an additional 1,235 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.2 %

JEPI opened at $59.04 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The stock’s fifty day simple moving average is $58.72 and its 200 day simple moving average is $58.63. The stock has a market cap of $34.65 billion, a PE ratio of 24.40 and a beta of 0.53.

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.