JPMorgan Equity Premium Income ETF $JEPI Shares Acquired by Frank Rimerman Advisors LLC

Frank Rimerman Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 26.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,700 shares of the company’s stock after purchasing an additional 4,949 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,347,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at $402,000. PFG Advisors boosted its stake in JPMorgan Equity Premium Income ETF by 8.8% in the first quarter. PFG Advisors now owns 272,775 shares of the company’s stock valued at $15,586,000 after acquiring an additional 22,028 shares in the last quarter. Choreo LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 64.1% during the first quarter. Choreo LLC now owns 204,545 shares of the company’s stock worth $11,688,000 after purchasing an additional 79,900 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter worth about $1,988,000. Finally, AllSquare Wealth Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 4.1% during the first quarter. AllSquare Wealth Management LLC now owns 19,324 shares of the company’s stock worth $1,104,000 after purchasing an additional 756 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $56.29 on Wednesday. The company has a market capitalization of $40.29 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88. The stock has a 50-day simple moving average of $56.86 and a 200-day simple moving average of $56.58.

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.