JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by Private Advisor Group LLC

Private Advisor Group LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 159,546 shares of the company’s stock after buying an additional 14,333 shares during the period. Private Advisor Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $9,495,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in JEPI. HHM Wealth Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth $28,000. Larson Financial Group LLC increased its stake in JPMorgan Equity Premium Income ETF by 129.8% in the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock worth $32,000 after purchasing an additional 314 shares in the last quarter. Morris Financial Concepts Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 114.1% during the 1st quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after buying an additional 331 shares during the period. Beaird Harris Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the first quarter valued at about $38,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 105.2% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock worth $41,000 after buying an additional 367 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $59.38 on Friday. The company has a market cap of $34.85 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 $51.38 and a fifty-two week high of $59.97. The firm’s 50 day simple moving average is $58.84 and its 200-day simple moving average is $57.33.

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.