Valley National Advisers Inc. Acquires 500 Shares of JPMorgan Equity Premium Income ETF $JEPI

Valley National Advisers Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 61.1% in the 2nd quarter, Holdings Channel reports. The firm owned 1,319 shares of the company’s stock after acquiring an additional 500 shares during the period. Valley National Advisers Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $74,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of JEPI. Mather Group LLC. bought a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth $25,000. Bartlett & CO. Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at $25,000. Millstone Evans Group LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the first quarter valued at about $29,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in JPMorgan Equity Premium Income ETF during the first quarter worth about $29,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $32,000.

JPMorgan Equity Premium Income ETF Trading Down 0.1%

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.97 on Tuesday. The firm has a market capitalization of $41.21 billion, a PE ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $60.88. The business’s 50-day moving average price is $56.76 and its 200-day moving average price is $56.13.

JPMorgan Equity Premium Income ETF 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.