Crumly & Associates Inc. Takes Position in JPMorgan Equity Premium Income ETF $JEPI

Crumly & Associates Inc. bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 4,178 shares of the company’s stock, valued at approximately $238,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mather Group LLC. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $25,000. Millstone Evans Group LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $29,000. Arlington Trust Co LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 140.0% in the first quarter. Arlington Trust Co LLC now owns 600 shares of the company’s stock valued at $34,000 after acquiring an additional 350 shares in the last quarter. Finally, Global Wealth Strategies & Associates acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $36,000.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $56.90 on Friday. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The stock has a market cap of $41.06 billion, a PE ratio of 23.93 and a beta of 0.62. The stock has a 50 day moving average price of $56.77 and a 200 day moving average price of $56.24.

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.