Valmark Advisers Inc. Acquires 20,296 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Valmark Advisers Inc. raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 389.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,509 shares of the company’s stock after acquiring an additional 20,296 shares during the period. Valmark Advisers Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,403,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in JEPI. Perritt Capital Management Inc. grew its holdings in shares of 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 purchasing an additional 200 shares during the last quarter. Albion Financial Group UT lifted 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 worth $36,000 after acquiring an additional 670 shares during the period. Capital Advisors Ltd. LLC lifted 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 worth $36,000 after acquiring an additional 291 shares during the period. BOK Financial Private Wealth Inc. lifted 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 worth $42,000 after acquiring an additional 600 shares during the period. Finally, Roble Belko & Company Inc acquired a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $42,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock traded up $0.17 during midday trading on Friday, reaching $56.28. The company had a trading volume of 2,284,349 shares, compared to its average volume of 3,569,882. The stock has a fifty day moving average price of $56.83 and a 200 day moving average price of $55.40. The firm has a market cap of $32.97 billion, a PE ratio of 24.51 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $57.94.

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.