JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Merkkuri Wealth Advisors LLC

Merkkuri Wealth Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 72,021 shares of the company’s stock after purchasing an additional 5,789 shares during the period. JPMorgan Equity Premium Income ETF accounts for 3.3% of Merkkuri Wealth Advisors LLC’s holdings, making the stock its 8th biggest position. Merkkuri Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,143,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in JEPI. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at about $25,000. Ulland Investment Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $31,000. Running Point Capital Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after purchasing an additional 362 shares during the last quarter. Missouri Trust & Investment Co grew its position in JPMorgan Equity Premium Income ETF by 737.2% in the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock valued at $41,000 after acquiring an additional 634 shares during the last quarter. Finally, Brown Lisle Cummings Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after purchasing an additional 255 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.1 %

NYSEARCA:JEPI opened at $59.10 on Friday. The stock’s 50-day moving average is $58.93 and its 200-day moving average is $58.52. The stock has a market cap of $34.68 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88.

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.