JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Hits New 52-Week High at $57.70

JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) hit a new 52-week high during trading on Wednesday . The company traded as high as $57.70 and last traded at $57.63, with a volume of 470182 shares trading hands. The stock had previously closed at $57.42.

JPMorgan Equity Premium Income ETF Price Performance

The business has a 50 day moving average of $56.64 and a 200 day moving average of $55.06. The firm has a market capitalization of $29.96 billion, a price-to-earnings ratio of 21.55 and a beta of 0.62.

Institutional Trading of JPMorgan Equity Premium Income ETF

A number of large investors have recently bought and sold shares of JEPI. Perritt Capital Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $25,000. Family Management Corp bought a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth $25,000. Salem Investment Counselors Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $27,000. O Dell Group LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $27,000. Finally, Patriot Investment Management Group Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $27,000.

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.