4,756 Shares in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Acquired by Smith Thornton Advisors LLC

Smith Thornton Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 4,756 shares of the company’s stock, valued at approximately $270,000.

Other hedge funds also recently bought and sold shares of the company. US Bancorp DE lifted its holdings in JPMorgan Equity Premium Income ETF by 87.7% during the fourth quarter. US Bancorp DE now owns 12,667 shares of the company’s stock worth $696,000 after acquiring an additional 5,918 shares in the last quarter. Commerce Bank bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $275,000. Stifel Financial Corp grew its position in shares of JPMorgan Equity Premium Income ETF by 1.3% in the 4th quarter. Stifel Financial Corp now owns 1,885,626 shares of the company’s stock valued at $103,672,000 after purchasing an additional 24,938 shares during the period. Focus Financial Network Inc. ADV bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $1,561,000. Finally, Scotia Capital Inc. increased its stake in JPMorgan Equity Premium Income ETF by 4.9% during the 4th quarter. Scotia Capital Inc. now owns 162,360 shares of the company’s stock worth $8,926,000 after purchasing an additional 7,551 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $59.31 on Friday. The firm has a market cap of $34.80 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $59.38. The firm’s 50 day moving average price is $57.72 and its two-hundred day moving average price is $57.05.

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.