Mountain Capital Investment Advisors Inc. Acquires 15,168 Shares of JPMorgan Equity Premium Income ETF $JEPI

Mountain Capital Investment Advisors Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 300,208 shares of the company’s stock after purchasing an additional 15,168 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 2.8% of Mountain Capital Investment Advisors Inc.’s investment portfolio, making the stock its 8th biggest holding. Mountain Capital Investment Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $17,595,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Aspen Wealth Strategies LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 4.5% in the fourth quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock worth $231,000 after buying an additional 174 shares during the last quarter. Chicago Partners Investment Group LLC raised its position in JPMorgan Equity Premium Income ETF by 13.1% during the fourth quarter. Chicago Partners Investment Group LLC now owns 362,648 shares of the company’s stock valued at $21,171,000 after acquiring an additional 41,892 shares in the last quarter. Aureum Wealth Management LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $4,784,000. Fairway Wealth LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 1.1% in the fourth quarter. Fairway Wealth LLC now owns 148,643 shares of the company’s stock valued at $8,508,000 after acquiring an additional 1,548 shares during the period. Finally, O ROURKE & COMPANY Inc boosted its position in JPMorgan Equity Premium Income ETF by 4.7% in the 4th quarter. O ROURKE & COMPANY Inc now owns 87,464 shares of the company’s stock worth $5,006,000 after purchasing an additional 3,909 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $57.59 on Friday. The stock has a market capitalization of $45.19 billion, a price-to-earnings ratio of 23.93 and a beta of 0.58. JPMorgan Equity Premium Income ETF has a 12 month low of $54.24 and a 12 month high of $59.90. The firm’s 50 day simple moving average is $57.79 and its 200-day simple moving average is $57.62.

JPMorgan Equity Premium Income ETF Company 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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.