Procyon Advisors LLC Has $8.06 Million Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Procyon Advisors LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 14.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 146,576 shares of the company’s stock after buying an additional 18,285 shares during the period. Procyon Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,059,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $460,136,000. Morgan Stanley lifted its holdings in JPMorgan Equity Premium Income ETF by 27.5% in the fourth quarter. Morgan Stanley now owns 21,184,968 shares of the company’s stock valued at $1,154,369,000 after buying an additional 4,567,129 shares during the period. Envestnet Asset Management Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 41.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,521,187 shares of the company’s stock valued at $295,715,000 after acquiring an additional 1,618,295 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of JPMorgan Equity Premium Income ETF by 1,421.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,536,371 shares of the company’s stock valued at $82,288,000 after purchasing an additional 1,435,379 shares during the period. Finally, Osaic Holdings Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 22.2% in the 2nd quarter. Osaic Holdings Inc. now owns 6,150,578 shares of the company’s stock worth $340,041,000 after purchasing an additional 1,118,083 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1 %

NYSEARCA JEPI traded up $0.08 on Thursday, reaching $57.85. The company had a trading volume of 430,286 shares, compared to its average volume of 3,508,907. JPMorgan Equity Premium Income ETF has a 52 week low of $51.38 and a 52 week high of $57.86. The stock’s 50 day moving average is $56.58 and its 200-day moving average is $55.04. The stock has a market cap of $29.96 billion, a price-to-earnings ratio of 21.55 and a beta of 0.62.

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.