Stelac Advisory Services LLC Grows Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Stelac Advisory Services LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPIFree Report) by 11.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 62,962 shares of the company’s stock after purchasing an additional 6,601 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 1.9% of Stelac Advisory Services LLC’s investment portfolio, making the stock its 18th largest position. Stelac Advisory Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,480,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth $647,943,000. Morgan Stanley increased its holdings in shares of JPMorgan Equity Premium Income ETF by 12.1% during the 3rd quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock worth $1,751,195,000 after buying an additional 3,531,562 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 41.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,521,187 shares of the company’s stock worth $295,715,000 after buying an additional 1,618,295 shares during the last quarter. UBS Group AG lifted its holdings in JPMorgan Equity Premium Income ETF by 21.5% in the third quarter. UBS Group AG now owns 5,795,557 shares of the company’s stock valued at $310,410,000 after acquiring an additional 1,024,956 shares during the last quarter. Finally, Royal Bank of Canada grew its position in JPMorgan Equity Premium Income ETF by 15.3% in the third quarter. Royal Bank of Canada now owns 6,937,583 shares of the company’s stock worth $371,576,000 after acquiring an additional 922,303 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock traded up $0.12 during trading hours on Friday, hitting $57.39. The company had a trading volume of 2,511,234 shares, compared to its average volume of 3,448,919. The stock has a market capitalization of $33.68 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $57.94. The company’s fifty day moving average is $56.78 and its 200 day moving average is $55.78.

JPMorgan Equity Premium Income ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

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