Saxony Capital Management LLC Buys 21,149 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Saxony Capital Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 123.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 38,297 shares of the company’s stock after purchasing an additional 21,149 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for about 1.9% of Saxony Capital Management LLC’s holdings, making the stock its 15th biggest holding. Saxony Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,203,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of JEPI. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 18.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after acquiring an additional 3,536,406 shares during the last quarter. Eaton Financial Holdings Company LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $51,202,000. World Investment Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 748.5% in the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock worth $47,971,000 after acquiring an additional 711,094 shares during the last quarter. Marks Wealth LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $29,284,000. Finally, LPL Financial LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 28.0% in the 3rd quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock worth $113,083,000 after acquiring an additional 416,013 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.3 %

Shares of NYSEARCA JEPI opened at $59.13 on Friday. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The firm’s fifty day moving average is $58.89 and its 200 day moving average is $58.57. The company has a market cap of $34.70 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.