Centaurus Financial Inc. Has $5.74 Million Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Centaurus Financial Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 100,967 shares of the company’s stock after acquiring an additional 10,231 shares during the period. Centaurus Financial Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $5,740,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Orion Porfolio Solutions LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 11.4% in the second quarter. Orion Porfolio Solutions LLC now owns 402,982 shares of the company’s stock worth $22,910,000 after purchasing an additional 41,379 shares during the last quarter. Silverlake Wealth Management LLC grew its holdings in JPMorgan Equity Premium Income ETF by 8.2% during the second quarter. Silverlake Wealth Management LLC now owns 79,232 shares of the company’s stock worth $4,504,000 after buying an additional 6,024 shares in the last quarter. Coppell Advisory Solutions LLC bought a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth $1,346,000. B. Riley Wealth Advisors Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $2,436,000. Finally, Cape Investment Advisory Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 73.9% during the 2nd quarter. Cape Investment Advisory Inc. now owns 2,070 shares of the company’s stock valued at $118,000 after acquiring an additional 880 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $57.73 on Friday. The company has a fifty day moving average price of $56.98 and a 200-day moving average price of $56.74. The firm has a market cap of $41.32 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $59.73.

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.