Armor Investment Advisors LLC Has $10.61 Million Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Armor Investment Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.4% during the fourth quarter, Holdings Channel reports. The fund owned 184,336 shares of the company’s stock after buying an additional 14,282 shares during the period. JPMorgan Equity Premium Income ETF comprises about 4.4% of Armor Investment Advisors LLC’s investment portfolio, making the stock its 6th biggest position. Armor Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,605,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its position in 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 purchasing an additional 3,536,406 shares during the period. Strategic Financial Concepts LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 4,498.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock worth $74,890,000 after buying an additional 1,273,452 shares during the period. Eaton Financial Holdings Company LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $51,202,000. World Investment Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 748.5% during 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. Finally, Marks Wealth LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $29,284,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $59.09 on Tuesday. The company has a market capitalization of $34.68 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The stock has a 50 day moving average price of $58.65 and a two-hundred day moving average price of $58.69.

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.