Aviance Capital Partners LLC Makes New $840,000 Investment in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Aviance Capital Partners LLC purchased a new stake 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 15,274 shares of the company’s stock, valued at approximately $840,000.

Several other institutional investors and hedge funds have also recently modified their holdings of JEPI. Perritt Capital Management Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 44.4% in the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock worth $35,000 after purchasing an additional 200 shares in the last quarter. Albion Financial Group UT increased its position in JPMorgan Equity Premium Income ETF by 8,375.0% during the 3rd quarter. Albion Financial Group UT now owns 678 shares of the company’s stock valued at $36,000 after purchasing an additional 670 shares during the period. Capital Advisors Ltd. LLC raised its holdings in JPMorgan Equity Premium Income ETF by 79.3% in the fourth quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock worth $36,000 after purchasing an additional 291 shares in the last quarter. BOK Financial Private Wealth Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 400.0% during the 4th quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock valued at $42,000 after purchasing an additional 600 shares during the last quarter. Finally, Roble Belko & Company Inc acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $42,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI traded up $0.31 during trading hours on Tuesday, reaching $56.68. The company had a trading volume of 2,571,483 shares, compared to its average volume of 3,528,201. The business’s 50 day moving average price is $56.76 and its 200-day moving average price is $55.53. The firm has a market cap of $33.26 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $57.94.

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.