Silver Oak Securities Incorporated Has $3.18 Million Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Silver Oak Securities Incorporated grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 12.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,808 shares of the company’s stock after acquiring an additional 5,910 shares during the quarter. Silver Oak Securities Incorporated’s holdings in JPMorgan Equity Premium Income ETF were worth $3,177,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Salomon & Ludwin LLC acquired a new position in JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $25,000. Ulland Investment Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $31,000. Running Point Capital Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% in the 3rd 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 during the period. Missouri Trust & Investment Co increased its position in shares of JPMorgan Equity Premium Income ETF by 737.2% in the 4th 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. raised its stake in JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after buying an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.5 %

NYSEARCA:JEPI opened at $58.94 on Thursday. The stock has a market cap of $34.59 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The stock has a 50-day moving average price of $58.75 and a two-hundred day moving average price of $58.63. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88.

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.