54,723 Shares in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Purchased by Bay Capital Advisors LLC

Bay Capital Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 54,723 shares of the company’s stock, valued at approximately $3,148,000. JPMorgan Equity Premium Income ETF accounts for 2.5% of Bay Capital Advisors LLC’s investment portfolio, making the stock its 10th largest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of JEPI. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after buying an additional 3,536,406 shares during the period. Raymond James Financial Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth $322,301,000. Commonwealth Equity Services LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 12.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 4,124,862 shares of the company’s stock worth $237,303,000 after purchasing an additional 459,845 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 3.0% during the fourth quarter. HighTower Advisors LLC now owns 3,682,072 shares of the company’s stock valued at $211,830,000 after purchasing an additional 108,546 shares during the period. Finally, MML Investors Services LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 16.9% during the third quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock valued at $155,331,000 after purchasing an additional 376,400 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 1.2 %

JEPI stock opened at $57.79 on Tuesday. The company has a market capitalization of $39.51 billion, a P/E ratio of 24.79 and a beta of 0.61. The company has a 50-day simple moving average of $58.47 and a 200 day simple moving average of $58.89. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88.

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.