New England Private Wealth Advisors LLC Boosts Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

New England Private Wealth Advisors LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 140,434 shares of the company’s stock after buying an additional 11,458 shares during the period. JPMorgan Equity Premium Income ETF makes up about 1.4% of New England Private Wealth Advisors LLC’s holdings, making the stock its 22nd biggest holding. New England Private Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,721,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Perritt Capital Management Inc. raised its stake in JPMorgan Equity Premium Income ETF by 44.4% during the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock worth $35,000 after acquiring an additional 200 shares during the period. Albion Financial Group UT increased its stake in shares of JPMorgan Equity Premium Income ETF by 8,375.0% in the third 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 increased its stake in shares of 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 valued at $36,000 after purchasing an additional 291 shares during the period. BOK Financial Private Wealth Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 400.0% in the fourth 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 period. Finally, Roble Belko & Company Inc acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $42,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI traded up $0.20 during trading hours on Friday, hitting $56.31. The stock had a trading volume of 2,283,499 shares, compared to its average volume of 3,569,882. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $57.94. The firm has a market capitalization of $32.98 billion, a price-to-earnings ratio of 24.51 and a beta of 0.54. The stock’s fifty day simple moving average is $56.83 and its 200 day simple moving average is $55.40.

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.