JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Teamwork Financial Advisors LLC’s 3rd Largest Position

Teamwork Financial Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 627,187 shares of the company’s stock after purchasing an additional 39,204 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 4.7% of Teamwork Financial Advisors LLC’s portfolio, making the stock its 3rd biggest position. Teamwork Financial Advisors LLC owned about 0.11% of JPMorgan Equity Premium Income ETF worth $36,082,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Salomon & Ludwin LLC purchased a new position in JPMorgan Equity Premium Income ETF in the third quarter worth $25,000. Ulland Investment Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at $31,000. Running Point Capital Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after buying an additional 362 shares in the last quarter. Missouri Trust & Investment Co increased its position in shares of JPMorgan Equity Premium Income ETF by 737.2% in the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock valued at $41,000 after buying an additional 634 shares in the last quarter. Finally, Brown Lisle Cummings Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after buying an additional 255 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

Shares of JEPI stock opened at $58.87 on Thursday. The stock has a market cap of $34.55 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The business has a fifty day simple moving average of $58.94 and a 200-day simple moving average of $58.47.

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.