JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Wills Financial Group Inc.

Wills Financial Group Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 54.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 6,129 shares of the company’s stock after buying an additional 2,172 shares during the period. Wills Financial Group Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $353,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of JEPI. Bank of Jackson Hole Trust acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at $28,000. Duncker Streett & Co. Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $28,000. Ulland Investment Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $31,000. Crowley Wealth Management Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $32,000. Finally, Creative Capital Management Investments LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $32,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $54.98 on Friday. The company has a 50 day moving average price of $56.26 and a two-hundred day moving average price of $58.12. The stock has a market capitalization of $38.06 billion, a P/E ratio of 23.72 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88.

JPMorgan Equity Premium Income ETF Company 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.