Alpha Financial Partners LLC Increases Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Alpha Financial Partners LLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 29.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,273 shares of the company’s stock after acquiring an additional 4,663 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 0.8% of Alpha Financial Partners LLC’s portfolio, making the stock its 21st biggest position. Alpha Financial Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,153,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mather Group LLC. purchased a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at $25,000. Bartlett & CO. Wealth Management LLC purchased a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at $25,000. Millstone Evans Group LLC purchased a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at $29,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at $32,000.

JPMorgan Equity Premium Income ETF Trading Down 1.3%

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.00 on Friday. The firm has a market capitalization of $40.53 billion, a P/E ratio of 23.93 and a beta of 0.62. The business has a fifty day simple moving average of $56.77 and a two-hundred day simple moving average of $56.11. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $60.88.

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.