MJP Associates Inc. ADV Grows Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

MJP Associates Inc. ADV boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 14.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 115,703 shares of the company’s stock after purchasing an additional 14,994 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 1.2% of MJP Associates Inc. ADV’s investment portfolio, making the stock its 17th biggest holding. MJP Associates Inc. ADV’s holdings in JPMorgan Equity Premium Income ETF were worth $6,656,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Laraway Financial Advisors Inc raised its position in shares of JPMorgan Equity Premium Income ETF by 3.8% in the fourth quarter. Laraway Financial Advisors Inc now owns 6,875 shares of the company’s stock worth $396,000 after acquiring an additional 250 shares during the period. Investor s Fiduciary Advisor Network LLC purchased a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $1,487,000. Jefferies Financial Group Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 1.4% during the 4th quarter. Jefferies Financial Group Inc. now owns 61,414 shares of the company’s stock worth $3,533,000 after acquiring an additional 838 shares in the last quarter. KKM Financial LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 27.0% during the 4th quarter. KKM Financial LLC now owns 18,969 shares of the company’s stock worth $1,091,000 after acquiring an additional 4,034 shares in the last quarter. Finally, Guardian Wealth Advisors LLC NC increased its position in JPMorgan Equity Premium Income ETF by 6.6% during the fourth quarter. Guardian Wealth Advisors LLC NC now owns 230,066 shares of the company’s stock worth $13,236,000 after buying an additional 14,298 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.0%

NYSEARCA:JEPI opened at $55.65 on Monday. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $60.88. The firm has a market cap of $38.53 billion, a P/E ratio of 23.72 and a beta of 0.61. The stock’s 50 day simple moving average is $55.54 and its 200-day simple moving average is $57.81.

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.