RPS Advisory Solutions LLC Raises Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

RPS Advisory Solutions LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,079 shares of the company’s stock after purchasing an additional 381 shares during the quarter. RPS Advisory Solutions LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $292,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Salomon & Ludwin LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $25,000. Bank of Jackson Hole Trust purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $28,000. Ulland Investment Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth $31,000. Creative Capital Management Investments LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $32,000. Finally, Running Point Capital Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after acquiring an additional 362 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $59.71 on Friday. The firm has a market cap of $35.04 billion, a PE ratio of 24.40 and a beta of 0.53. The stock has a 50-day moving average price of $58.57 and a 200-day moving average price of $58.80. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88.

JPMorgan Equity Premium Income ETF 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.