Principle Wealth Partners LLC Buys 1,820 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Principle Wealth Partners LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 112,396 shares of the company’s stock after buying an additional 1,820 shares during the period. Principle Wealth Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,466,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Clarity Wealth Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 0.7% in the 4th quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after purchasing an additional 401 shares in the last quarter. Tandem Financial LLC acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $757,000. Citigroup Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 51.8% in the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after buying an additional 50,459 shares in the last quarter. Accurate Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at about $215,000. Finally, Whittier Trust Co. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter worth about $108,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $59.09 on Tuesday. The stock has a market cap of $34.68 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The firm’s 50-day simple moving average is $58.65 and its 200 day simple moving average is $58.69.

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.