Robertson Stephens Wealth Management LLC Acquires 5,103 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Robertson Stephens Wealth Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.0% during the fourth quarter, Holdings Channel reports. The fund owned 68,628 shares of the company’s stock after buying an additional 5,103 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,975,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in JEPI. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter worth approximately $25,000. Ulland Investment Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $31,000. Running Point Capital Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after purchasing an additional 362 shares during the last quarter. Missouri Trust & Investment Co grew its holdings in shares of JPMorgan Equity Premium Income ETF by 737.2% in the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after purchasing an additional 634 shares during the last quarter. Finally, Brown Lisle Cummings Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.94 on Thursday. 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 capitalization of $34.59 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The company’s 50 day moving average price is $58.75 and its 200-day moving average price is $58.63.

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.