4,811 Shares in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Acquired by RMR Wealth Builders

RMR Wealth Builders acquired a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 4,811 shares of the company’s stock, valued at approximately $277,000.

Several other large investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after buying an additional 3,536,406 shares during the period. Cetera Investment Advisers raised its position in JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock worth $237,377,000 after acquiring an additional 52,301 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 8.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock valued at $218,105,000 after acquiring an additional 285,180 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.4% during the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock valued at $212,643,000 after purchasing an additional 83,858 shares in the last quarter. Finally, RiverFront Investment Group LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 5.9% in the 2nd quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock worth $170,371,000 after purchasing an additional 166,821 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $58.25 on Friday. The company has a market capitalization of $34.18 billion, a PE ratio of 24.40 and a beta of 0.53. The stock has a fifty day moving average of $59.07 and a 200-day moving average of $58.39. JPMorgan Equity Premium Income ETF has a one year low of $54.72 and a one year high of $60.88.

About JPMorgan Equity Premium Income ETF

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.