American Money Management LLC Boosts Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

American Money Management LLC grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,078 shares of the company’s stock after purchasing an additional 949 shares during the period. American Money Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $695,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $322,301,000. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Equity Premium Income ETF by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after purchasing an additional 3,536,406 shares during the period. Strategic Financial Concepts LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 4,498.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock worth $74,890,000 after purchasing an additional 1,273,452 shares in the last quarter. Eaton Financial Holdings Company LLC bought a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $51,202,000. Finally, World Investment Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 748.5% during the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after buying an additional 711,094 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 1.2 %

Shares of JEPI opened at $56.68 on Friday. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The stock has a market cap of $38.75 billion, a PE ratio of 24.79 and a beta of 0.61. The business’s 50-day moving average price is $58.41 and its 200-day moving average price is $58.87.

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.