Quadrant Capital Group LLC Invests $82,000 in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Quadrant Capital Group LLC bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,500 shares of the company’s stock, valued at approximately $82,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in JEPI. Morgan Stanley lifted its stake in shares of JPMorgan Equity Premium Income ETF by 12.1% in the 3rd quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock valued at $1,751,195,000 after purchasing an additional 3,531,562 shares during the period. International Assets Investment Management LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $647,943,000. Royal Bank of Canada boosted its holdings in shares of 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 buying an additional 922,303 shares in the last quarter. UBS Group AG grew its position in shares of 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 buying an additional 1,024,956 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 41.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,521,187 shares of the company’s stock valued at $295,715,000 after acquiring an additional 1,618,295 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $56.92 on Friday. The company has a market capitalization of $33.40 billion, a PE ratio of 24.40 and a beta of 0.53. The firm’s fifty day moving average is $56.77 and its 200 day moving average is $55.93. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $57.94.

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.