Cornell Pochily Investment Advisors Inc. Makes New $219,000 Investment in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cornell Pochily Investment Advisors Inc. bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,808 shares of the company’s stock, valued at approximately $219,000.

Several other hedge funds also recently modified their holdings of the stock. Bank of Montreal Can increased its position in shares of JPMorgan Equity Premium Income ETF by 8.8% during the 2nd quarter. Bank of Montreal Can now owns 41,865 shares of the company’s stock valued at $2,382,000 after purchasing an additional 3,374 shares during the last quarter. AQR Capital Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth about $295,000. Sepio Capital LP boosted its stake in JPMorgan Equity Premium Income ETF by 2.4% in the second quarter. Sepio Capital LP now owns 18,888 shares of the company’s stock valued at $1,071,000 after acquiring an additional 438 shares during the last quarter. Creative Planning boosted its stake in JPMorgan Equity Premium Income ETF by 7.5% in the second quarter. Creative Planning now owns 96,148 shares of the company’s stock valued at $5,450,000 after acquiring an additional 6,687 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of JPMorgan Equity Premium Income ETF by 14.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,132,770 shares of the company’s stock worth $120,885,000 after purchasing an additional 264,714 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.1 %

JPMorgan Equity Premium Income ETF stock opened at $59.10 on Monday. The business’s 50 day simple moving average is $58.93 and its 200 day simple moving average is $58.53. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88. The company has a market cap of $34.68 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.