Resolute Wealth Strategies LLC Increases Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Resolute Wealth Strategies LLC grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.9% during the fourth quarter, Holdings Channel reports. The firm owned 25,415 shares of the company’s stock after purchasing an additional 233 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 0.9% of Resolute Wealth Strategies LLC’s investment portfolio, making the stock its 24th largest position. Resolute Wealth Strategies LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,397,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Perritt Capital Management Inc. increased its position 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 buying an additional 200 shares during the period. Albion Financial Group UT raised its position in JPMorgan Equity Premium Income ETF by 8,375.0% in the 3rd 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 last quarter. Capital Advisors Ltd. LLC boosted its stake in JPMorgan Equity Premium Income ETF by 79.3% during the 4th quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock worth $36,000 after purchasing an additional 291 shares during the period. BOK Financial Private Wealth Inc. grew its position in JPMorgan Equity Premium Income ETF by 400.0% during the 4th quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock worth $42,000 after purchasing an additional 600 shares during the last quarter. Finally, Roble Belko & Company Inc acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $42,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI traded up $0.37 on Friday, reaching $56.06. The company’s stock had a trading volume of 3,612,419 shares, compared to its average volume of 3,540,817. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $57.94. The stock’s 50-day moving average is $56.77 and its two-hundred day moving average is $55.48. The stock has a market capitalization of $32.90 billion, a P/E 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.