ERn Financial LLC Acquires New Shares in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

ERn Financial LLC acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, Holdings Channel reports. The fund acquired 19,046 shares of the company’s stock, valued at approximately $1,052,000.

Other large investors have also bought and sold shares of the company. EP Wealth Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at about $111,000. Modera Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at about $207,000. Etesian Wealth Advisors Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 52.9% in the fourth quarter. Etesian Wealth Advisors Inc. now owns 8,331 shares of the company’s stock valued at $458,000 after buying an additional 2,881 shares in the last quarter. MCIA Inc boosted its stake in shares of JPMorgan Equity Premium Income ETF by 28.1% during the third quarter. MCIA Inc now owns 21,540 shares of the company’s stock valued at $1,159,000 after purchasing an additional 4,729 shares in the last quarter. Finally, Tucker Asset Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 30.7% during the third quarter. Tucker Asset Management LLC now owns 16,220 shares of the company’s stock valued at $869,000 after purchasing an additional 3,811 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

Shares of JEPI stock traded up $0.09 during mid-day trading on Friday, reaching $57.86. 3,761,856 shares of the stock traded hands, compared to its average volume of 3,562,610. The stock’s fifty day simple moving average is $56.68 and its two-hundred day simple moving average is $55.07. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $57.94. The company has a market cap of $29.97 billion, a price-to-earnings ratio of 21.55 and a beta of 0.62.

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.