Littlejohn Financial Services Inc. Buys Shares of 37,756 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Littlejohn Financial Services Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 37,756 shares of the company’s stock, valued at approximately $2,232,000. JPMorgan Equity Premium Income ETF makes up 2.0% of Littlejohn Financial Services Inc.’s holdings, making the stock its 15th largest holding.

Other large investors also recently modified their holdings of the company. Rooted Wealth Advisors Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 5.5% in the 4th quarter. Rooted Wealth Advisors Inc. now owns 248,038 shares of the company’s stock worth $14,302,000 after purchasing an additional 12,923 shares in the last quarter. Palacios Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $737,000. Farmers & Merchants Trust Co of Chambersburg PA grew its holdings in shares of JPMorgan Equity Premium Income ETF by 1.9% during the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 35,445 shares of the company’s stock worth $2,039,000 after purchasing an additional 644 shares during the last quarter. Walkner Condon Financial Advisors LLC raised its holdings in JPMorgan Equity Premium Income ETF by 5.3% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 121,565 shares of the company’s stock valued at $6,994,000 after buying an additional 6,132 shares during the last quarter. Finally, Investment Partners Asset Management Inc. boosted its position in JPMorgan Equity Premium Income ETF by 1.6% during the 4th quarter. Investment Partners Asset Management Inc. now owns 85,148 shares of the company’s stock worth $4,899,000 after buying an additional 1,325 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $59.28 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The company’s 50 day moving average price is $58.60 and its two-hundred day moving average price is $58.72. The firm has a market capitalization of $34.79 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.