Aviance Capital Partners LLC Buys 826 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Aviance Capital Partners LLC boosted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,100 shares of the company’s stock after acquiring an additional 826 shares during the quarter. Aviance Capital Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $932,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JEPI. Burkett Financial Services LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter valued at $35,000. Perritt Capital Management Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 44.4% in the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after acquiring an additional 200 shares during the last quarter. Capital Advisors Ltd. LLC raised its holdings in JPMorgan Equity Premium Income ETF by 79.3% during the fourth quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock worth $36,000 after acquiring an additional 291 shares in the last quarter. BOK Financial Private Wealth Inc. boosted its position in JPMorgan Equity Premium Income ETF by 400.0% during the fourth quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock valued at $42,000 after purchasing an additional 600 shares during the last quarter. Finally, Roble Belko & Company Inc bought a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $42,000.

JPMorgan Equity Premium Income ETF Stock Down 1.0 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.11 on Tuesday. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $57.94. The business’s 50 day moving average is $56.59 and its 200-day moving average is $56.33. The stock has a market cap of $32.93 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.