Costello Asset Management INC Makes New Investment in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Costello Asset Management INC purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPIFree Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 5,182 shares of the company’s stock, valued at approximately $308,000.

Other institutional investors have also recently made changes to their positions in the company. Salomon & Ludwin LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $25,000. HHM Wealth Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth $28,000. Beaird Harris Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF in the 1st quarter worth $38,000. Centerpoint Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth $43,000. Finally, Brown Lisle Cummings Inc. lifted its position in JPMorgan Equity Premium Income ETF by 48.0% during the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after purchasing an additional 255 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.6 %

Shares of JEPI opened at $60.03 on Friday. The business has a 50-day simple moving average of $59.06 and a two-hundred day simple moving average of $57.57. JPMorgan Equity Premium Income ETF has a 52 week low of $53.33 and a 52 week high of $60.10. The stock has a market cap of $35.23 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

JPMorgan Equity Premium Income ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

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