Pointe Capital Management LLC Buys 590 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Pointe Capital Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,105 shares of the company’s stock after acquiring an additional 590 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 0.7% of Pointe Capital Management LLC’s investment portfolio, making the stock its 29th largest holding. Pointe Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,272,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the stock. Salomon & Ludwin LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $25,000. Bank of Jackson Hole Trust purchased a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $28,000. Ulland Investment Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $31,000. Creative Capital Management Investments LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $32,000. Finally, Running Point Capital Advisors LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% during the 3rd 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.

JPMorgan Equity Premium Income ETF Trading Up 0.2 %

NYSEARCA:JEPI opened at $59.24 on Wednesday. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88. The firm’s 50 day moving average is $58.57 and its 200 day moving average is $58.92. The stock has a market capitalization of $39.60 billion, a PE ratio of 25.75 and a beta of 0.61.

JPMorgan Equity Premium Income ETF 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.