New York Life Investment Management LLC Acquires 6,672 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

New York Life Investment Management LLC grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 787,214 shares of the company’s stock after purchasing an additional 6,672 shares during the period. New York Life Investment Management LLC owned approximately 0.15% of JPMorgan Equity Premium Income ETF worth $43,281,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of JEPI. 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 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 worth $36,000 after purchasing an additional 670 shares in the last quarter. Capital Advisors Ltd. LLC lifted its stake in JPMorgan Equity Premium Income ETF by 79.3% in the 4th 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 last quarter. BOK Financial Private Wealth Inc. boosted its position in 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 buying an additional 600 shares in the last quarter. Finally, Roble Belko & Company Inc acquired a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $42,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock traded down $0.43 during midday trading on Wednesday, reaching $55.50. 3,099,355 shares of the stock were exchanged, compared to its average volume of 3,550,805. JPMorgan Equity Premium Income ETF has a 52 week low of $51.38 and a 52 week high of $57.94. The company has a fifty day moving average price of $56.83 and a 200 day moving average price of $55.47. The stock has a market capitalization of $32.57 billion, a PE ratio of 24.40 and a beta of 0.53.

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.