Lowery Thomas LLC Buys 5,147 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Lowery Thomas LLC grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,957 shares of the company’s stock after acquiring an additional 5,147 shares during the period. JPMorgan Equity Premium Income ETF accounts for 2.6% of Lowery Thomas LLC’s holdings, making the stock its 13th biggest holding. Lowery Thomas LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,077,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $647,943,000. Morgan Stanley lifted its position in shares of JPMorgan Equity Premium Income ETF by 12.1% in the 3rd quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock worth $1,751,195,000 after purchasing an additional 3,531,562 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 41.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,521,187 shares of the company’s stock worth $295,715,000 after purchasing an additional 1,618,295 shares during the period. Bank of New York Mellon Corp lifted its position in shares of JPMorgan Equity Premium Income ETF by 1,421.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,536,371 shares of the company’s stock worth $82,288,000 after purchasing an additional 1,435,379 shares during the period. Finally, UBS Group AG lifted its position in shares of JPMorgan Equity Premium Income ETF by 21.5% in the 3rd quarter. UBS Group AG now owns 5,795,557 shares of the company’s stock worth $310,410,000 after purchasing an additional 1,024,956 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.3 %

Shares of JEPI traded up $0.17 during mid-day trading on Friday, hitting $56.28. The company’s stock had a trading volume of 2,284,349 shares, compared to its average volume of 3,569,882. The company’s 50-day moving average is $56.83 and its 200-day moving average is $55.41. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $57.94. The firm has a market capitalization of $32.97 billion, a price-to-earnings ratio of 24.51 and a beta of 0.54.

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.