Naviter Wealth LLC Buys 1,486 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Naviter Wealth LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 17.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,027 shares of the company’s stock after purchasing an additional 1,486 shares during the quarter. Naviter Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $581,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Bank of Jackson Hole Trust bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $28,000. Duncker Streett & Co. Inc. bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $28,000. Ulland Investment Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $31,000. Creative Capital Management Investments LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $32,000. Finally, Running Point Capital Advisors LLC increased its stake 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 worth $38,000 after purchasing an additional 362 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $58.20 on Friday. The business has a 50 day simple moving average of $58.60 and a 200 day simple moving average of $58.98. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The stock has a market cap of $38.91 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61.

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.