Aviance Capital Partners LLC Takes Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Aviance Capital Partners LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 15,274 shares of the company’s stock, valued at approximately $840,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. N.E.W. Advisory Services LLC raised its holdings in JPMorgan Equity Premium Income ETF by 19.6% in the fourth quarter. N.E.W. Advisory Services LLC now owns 43,968 shares of the company’s stock worth $2,417,000 after purchasing an additional 7,207 shares during the period. Apollon Wealth Management LLC lifted its position in JPMorgan Equity Premium Income ETF by 3.1% during the 4th quarter. Apollon Wealth Management LLC now owns 154,709 shares of the company’s stock worth $8,506,000 after buying an additional 4,672 shares in the last quarter. Lincoln National Corp boosted its stake in shares of JPMorgan Equity Premium Income ETF by 23.7% during the 4th quarter. Lincoln National Corp now owns 175,443 shares of the company’s stock worth $9,646,000 after buying an additional 33,651 shares during the last quarter. Private Advisor Group LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 18.2% in the 4th quarter. Private Advisor Group LLC now owns 146,588 shares of the company’s stock valued at $8,059,000 after acquiring an additional 22,607 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 105.5% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 269,194 shares of the company’s stock valued at $14,800,000 after acquiring an additional 138,186 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI traded up $0.31 on Tuesday, hitting $56.68. 2,571,483 shares of the stock were exchanged, compared to its average volume of 3,528,201. The business’s fifty day moving average is $56.76 and its 200 day moving average is $55.53. The company has a market capitalization of $33.26 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $51.38 and a 52 week high of $57.94.

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.