Patriot Financial Group Insurance Agency LLC Acquires 29,940 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Patriot Financial Group Insurance Agency LLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 35.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 113,553 shares of the company’s stock after buying an additional 29,940 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 1.1% of Patriot Financial Group Insurance Agency LLC’s investment portfolio, making the stock its 15th biggest holding. Patriot Financial Group Insurance Agency LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,049,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Perritt Capital Management Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth $25,000. Family Management Corp bought a new position in JPMorgan Equity Premium Income ETF in the first quarter worth about $25,000. Salem Investment Counselors Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at about $27,000. Patriot Investment Management Group Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $27,000. Finally, Janiczek Wealth Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $30,000.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

Shares of NYSEARCA JEPI traded up $0.09 during trading hours on Friday, hitting $57.86. 3,761,856 shares of the stock were exchanged, compared to its average volume of 3,562,610. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $57.94. The firm has a fifty day moving average price of $56.68 and a 200-day moving average price of $55.07. The company has a market cap of $29.97 billion, a PE ratio of 21.55 and a beta of 0.62.

JPMorgan Equity Premium Income ETF Company 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.