TigerOak Management L.L.C. Purchases 4,346 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

TigerOak Management L.L.C. raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.2% in the first quarter, HoldingsChannel reports. The firm owned 372,366 shares of the company’s stock after acquiring an additional 4,346 shares during the period. JPMorgan Equity Premium Income ETF makes up 8.2% of TigerOak Management L.L.C.’s investment portfolio, making the stock its 4th largest position. TigerOak Management L.L.C.’s holdings in JPMorgan Equity Premium Income ETF were worth $21,277,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE increased its holdings in shares of JPMorgan Equity Premium Income ETF by 1.6% during the fourth quarter. Bank of America Corp DE now owns 31,254,116 shares of the company’s stock valued at $1,798,049,000 after purchasing an additional 506,627 shares during the period. Wells Fargo & Company MN grew its position in JPMorgan Equity Premium Income ETF by 16.4% in the 4th quarter. Wells Fargo & Company MN now owns 14,555,046 shares of the company’s stock valued at $837,352,000 after buying an additional 2,051,299 shares in the last quarter. GAMMA Investing LLC increased its stake in JPMorgan Equity Premium Income ETF by 6,084.5% during the 1st quarter. GAMMA Investing LLC now owns 7,460,484 shares of the company’s stock valued at $426,292,000 after buying an additional 7,339,853 shares during the period. Royal Bank of Canada raised its position in shares of JPMorgan Equity Premium Income ETF by 10.8% during the 4th quarter. Royal Bank of Canada now owns 7,346,281 shares of the company’s stock worth $422,631,000 after buying an additional 714,849 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 7.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 6,836,665 shares of the company’s stock worth $393,313,000 after buying an additional 484,267 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.4%

Shares of NYSEARCA:JEPI opened at $56.36 on Thursday. The company has a 50 day moving average of $55.61 and a 200-day moving average of $56.99. The firm has a market cap of $40.49 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month 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.