JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Holdings Increased by Edgemoor Investment Advisors Inc.

Edgemoor Investment Advisors Inc. increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.3% during the fourth quarter, Holdings Channel reports. The firm owned 130,101 shares of the company’s stock after purchasing an additional 11,113 shares during the period. Edgemoor Investment Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $7,485,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Consolidated Planning Corp raised its holdings in shares of JPMorgan Equity Premium Income ETF by 0.5% during the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock valued at $1,931,000 after acquiring an additional 179 shares during the period. Landmark Wealth Management LLC grew its position in JPMorgan Equity Premium Income ETF by 5.1% during the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock valued at $221,000 after purchasing an additional 185 shares in the last quarter. Aviance Capital Partners LLC grew its position in JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after purchasing an additional 194 shares in the last quarter. Fortis Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after purchasing an additional 196 shares in the last quarter. Finally, Beam Wealth Advisors Inc. grew its position in JPMorgan Equity Premium Income ETF by 0.4% during the fourth quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock valued at $2,948,000 after purchasing an additional 196 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $56.96 on Monday. The company’s 50 day moving average price is $58.51 and its 200 day moving average price is $58.93. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The company has a market capitalization of $38.94 billion, a PE ratio of 24.79 and a beta of 0.61.

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.