Ring Mountain Capital LLC bought a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 30,790 shares of the company’s stock, valued at approximately $1,771,000. JPMorgan Equity Premium Income ETF comprises 1.2% of Ring Mountain Capital LLC’s portfolio, making the stock its 20th largest holding.
A number of other institutional investors and hedge funds also recently made changes to their positions in JEPI. Bank of Jackson Hole Trust purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $28,000. Duncker Streett & Co. Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $28,000. Ulland Investment Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $31,000. Creative Capital Management Investments LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $32,000. Finally, Running Point Capital Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after buying an additional 362 shares during the last quarter.
JPMorgan Equity Premium Income ETF Stock Performance
NYSEARCA:JEPI opened at $58.69 on Tuesday. The firm has a market cap of $39.23 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The firm has a 50-day moving average price of $58.65 and a two-hundred day moving average price of $58.97.
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.
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