37,756 Shares in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Acquired by Littlejohn Financial Services Inc.

Littlejohn Financial Services Inc. bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, Holdings Channel.com reports. The firm bought 37,756 shares of the company’s stock, valued at approximately $2,232,000. JPMorgan Equity Premium Income ETF comprises about 2.0% of Littlejohn Financial Services Inc.’s portfolio, making the stock its 15th largest position.

Several other hedge funds have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $25,000. Ulland Investment Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $31,000. Running Point Capital Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after buying an additional 362 shares during the period. Missouri Trust & Investment Co boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 737.2% during the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after buying an additional 634 shares in the last quarter. Finally, Brown Lisle Cummings Inc. grew its position 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 worth $47,000 after buying an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.4 %

NYSEARCA:JEPI opened at $59.28 on Friday. The firm has a market capitalization of $34.79 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The company has a fifty day moving average of $58.60 and a 200-day moving average of $58.72.

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.