6,995 Shares in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Purchased by Brighton Jones LLC

Brighton Jones LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 6,995 shares of the company’s stock, valued at approximately $402,000.

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

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $59.10 on Monday. The stock has a 50-day simple moving average of $58.93 and a 200 day simple moving average of $58.53. The stock has a market capitalization of $34.68 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week 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.