Bouvel Investment Partners LLC Has $10.17 Million Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Bouvel Investment Partners LLC decreased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 176,686 shares of the company’s stock after selling 2,154 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 3.7% of Bouvel Investment Partners LLC’s holdings, making the stock its 4th largest position. Bouvel Investment Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,165,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its stake 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 worth $1,332,380,000 after purchasing an additional 3,536,406 shares during the period. Cetera Investment Advisers lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 1.3% during the second quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock worth $237,377,000 after buying an additional 52,301 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 8.4% in the third 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 period. HighTower Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 2.4% in the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after acquiring an additional 83,858 shares during the last quarter. Finally, RiverFront Investment Group LLC increased its position in JPMorgan Equity Premium Income ETF by 5.9% during the second quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock worth $170,371,000 after acquiring an additional 166,821 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $58.25 on Friday. The firm’s 50-day moving average is $59.07 and its 200-day moving average is $58.39. JPMorgan Equity Premium Income ETF has a 52-week low of $54.72 and a 52-week high of $60.88. The company has a market cap of $34.18 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.