Solutions 4 Wealth Ltd Acquires Shares of 4,450 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Solutions 4 Wealth Ltd bought a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,450 shares of the company’s stock, valued at approximately $245,000.

A number of other institutional investors have also modified their holdings of JEPI. Morgan Stanley increased its holdings in JPMorgan Equity Premium Income ETF by 12.1% during 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. International Assets Investment Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at $647,943,000. Royal Bank of Canada raised its holdings in shares of JPMorgan Equity Premium Income ETF by 15.3% in the third quarter. Royal Bank of Canada now owns 6,937,583 shares of the company’s stock valued at $371,576,000 after acquiring an additional 922,303 shares in the last quarter. UBS Group AG lifted its stake in JPMorgan Equity Premium Income ETF by 21.5% in the third quarter. UBS Group AG now owns 5,795,557 shares of the company’s stock worth $310,410,000 after acquiring an additional 1,024,956 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 41.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,521,187 shares of the company’s stock worth $295,715,000 after acquiring an additional 1,618,295 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI traded up $0.19 during trading on Thursday, reaching $55.69. 2,612,349 shares of the company’s stock traded hands, compared to its average volume of 3,539,927. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $57.94. The firm has a market cap of $32.68 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The company’s 50 day simple moving average is $56.81 and its two-hundred day simple moving average is $55.47.

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.