JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by NCM Capital Management LLC

NCM Capital Management LLC lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 125,241 shares of the company’s stock after acquiring an additional 6,322 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 3.2% of NCM Capital Management LLC’s investment portfolio, making the stock its 6th largest position. NCM Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,205,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at $322,301,000. JPMorgan Chase & Co. boosted its stake in JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after acquiring an additional 3,536,406 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of JPMorgan Equity Premium Income ETF by 16.4% during the fourth quarter. Wells Fargo & Company MN now owns 14,555,046 shares of the company’s stock worth $837,352,000 after purchasing an additional 2,051,299 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 4,498.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock worth $74,890,000 after purchasing an additional 1,273,452 shares during the last quarter. Finally, Cary Street Partners Financial LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $53,537,000.

JPMorgan Equity Premium Income ETF Stock Up 0.0%

Shares of NYSEARCA JEPI opened at $56.30 on Wednesday. The business has a 50-day moving average price of $55.36 and a 200 day moving average price of $57.68. The stock has a market cap of $39.78 billion, a PE ratio of 24.55 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88.

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.