Quotient Wealth Partners LLC Takes $295,000 Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Quotient Wealth Partners LLC bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 5,373 shares of the company’s stock, valued at approximately $295,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $647,943,000. Morgan Stanley raised its holdings in JPMorgan Equity Premium Income ETF by 12.1% during the 3rd quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock worth $1,751,195,000 after purchasing an additional 3,531,562 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in 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 worth $295,715,000 after purchasing an additional 1,618,295 shares during the last quarter. UBS Group AG raised its holdings in JPMorgan Equity Premium Income ETF by 21.5% during the 3rd quarter. UBS Group AG now owns 5,795,557 shares of the company’s stock worth $310,410,000 after purchasing an additional 1,024,956 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in JPMorgan Equity Premium Income ETF by 15.3% during the 3rd quarter. Royal Bank of Canada now owns 6,937,583 shares of the company’s stock worth $371,576,000 after purchasing an additional 922,303 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI traded up $0.12 on Wednesday, hitting $57.22. 1,597,200 shares of the stock were exchanged, compared to its average volume of 3,447,984. The stock has a market capitalization of $33.58 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The company’s 50-day moving average price is $56.77 and its 200 day moving average price is $55.72. JPMorgan Equity Premium Income ETF has a 52 week low of $51.38 and a 52 week high of $57.94.

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.