World Investment Advisors Boosts Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

World Investment Advisors increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 25.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 176,973 shares of the company’s stock after buying an additional 36,308 shares during the period. World Investment Advisors’ holdings in JPMorgan Equity Premium Income ETF were worth $10,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in 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 valued at $1,332,380,000 after purchasing an additional 3,536,406 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $322,301,000. Commonwealth Equity Services LLC increased its stake in JPMorgan Equity Premium Income ETF by 12.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 4,124,862 shares of the company’s stock worth $237,303,000 after buying an additional 459,845 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 3.0% in the fourth quarter. HighTower Advisors LLC now owns 3,682,072 shares of the company’s stock valued at $211,830,000 after acquiring an additional 108,546 shares in the last quarter. Finally, CIBC Private Wealth Group LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 0.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 3,440,098 shares of the company’s stock worth $199,147,000 after acquiring an additional 22,924 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $57.00 on Thursday. The business has a fifty day moving average price of $58.31 and a 200 day moving average price of $58.83. The company has a market cap of $39.35 billion, a P/E ratio of 24.88 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88.

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.