Ulland Investment Advisors LLC Acquires 77,303 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Ulland Investment Advisors LLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 14,585.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 77,833 shares of the company’s stock after acquiring an additional 77,303 shares during the quarter. JPMorgan Equity Premium Income ETF makes up 3.7% of Ulland Investment Advisors LLC’s portfolio, making the stock its 7th biggest position. Ulland Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,447,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of JEPI. Skyline Advisors Inc. raised its stake in JPMorgan Equity Premium Income ETF by 26.8% during the first quarter. Skyline Advisors Inc. now owns 14,395 shares of the company’s stock valued at $823,000 after buying an additional 3,039 shares in the last quarter. Capital Advisory Group Advisory Services LLC raised its stake in JPMorgan Equity Premium Income ETF by 1.5% during the first quarter. Capital Advisory Group Advisory Services LLC now owns 34,165 shares of the company’s stock valued at $1,952,000 after buying an additional 500 shares in the last quarter. Investment Partners Asset Management Inc. raised its stake in JPMorgan Equity Premium Income ETF by 1.2% during the first quarter. Investment Partners Asset Management Inc. now owns 86,190 shares of the company’s stock valued at $4,925,000 after buying an additional 1,042 shares in the last quarter. Focus Financial Network Inc. raised its stake in JPMorgan Equity Premium Income ETF by 2.7% during the first quarter. Focus Financial Network Inc. now owns 54,925 shares of the company’s stock valued at $3,138,000 after buying an additional 1,449 shares in the last quarter. Finally, Columbia Advisory Partners LLC raised its stake in JPMorgan Equity Premium Income ETF by 13.9% during the first quarter. Columbia Advisory Partners LLC now owns 7,395 shares of the company’s stock valued at $423,000 after buying an additional 902 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.0%

Shares of NYSEARCA JEPI opened at $56.18 on Thursday. The stock’s 50 day moving average price is $55.07 and its two-hundred day moving average price is $57.28. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88. The stock has a market capitalization of $39.98 billion, a P/E ratio of 24.45 and a beta of 0.60.

JPMorgan Equity Premium Income ETF 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.