Harbour Investments Inc. Increases Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Harbour Investments Inc. raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 174,646 shares of the company’s stock after purchasing an additional 17,190 shares during the period. Harbour Investments Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $10,047,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of JEPI. Greenwich Wealth Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 29.1% in the 4th quarter. Greenwich Wealth Management LLC now owns 63,409 shares of the company’s stock valued at $3,648,000 after purchasing an additional 14,295 shares during the period. Intrepid Financial Planning Group LLC increased its position in JPMorgan Equity Premium Income ETF by 140.5% during the 4th quarter. Intrepid Financial Planning Group LLC now owns 116,018 shares of the company’s stock worth $6,675,000 after purchasing an additional 67,781 shares during the period. Envestnet Portfolio Solutions Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 33.9% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 225,877 shares of the company’s stock valued at $12,995,000 after buying an additional 57,172 shares in the last quarter. Frank Rimerman Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth $582,000. Finally, Montis Financial LLC boosted its position in JPMorgan Equity Premium Income ETF by 7.9% during the fourth quarter. Montis Financial LLC now owns 101,284 shares of the company’s stock worth $5,827,000 after purchasing an additional 7,414 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 1.4 %

Shares of NYSEARCA:JEPI opened at $56.96 on Friday. The stock’s fifty day simple moving average is $58.51 and its 200-day simple moving average is $58.93. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The company has a market capitalization of $38.94 billion, a P/E ratio of 24.79 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.