Bouchey Financial Group Ltd Grows Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Bouchey Financial Group Ltd raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 441,970 shares of the company’s stock after acquiring an additional 29,690 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 2.2% of Bouchey Financial Group Ltd’s investment portfolio, making the stock its 13th largest holding. Bouchey Financial Group Ltd owned 0.08% of JPMorgan Equity Premium Income ETF worth $25,471,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in JEPI. JPMorgan Chase & Co. increased its position in shares of JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after acquiring an additional 3,536,406 shares during the last quarter. Strategic Financial Concepts LLC grew its stake in JPMorgan Equity Premium Income ETF by 4,498.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock valued at $74,890,000 after purchasing an additional 1,273,452 shares during the period. Eaton Financial Holdings Company LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $51,202,000. World Investment Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 748.5% during the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock worth $47,971,000 after purchasing an additional 711,094 shares during the period. Finally, LPL Financial LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 28.0% in the 3rd quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock worth $113,083,000 after buying an additional 416,013 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $58.69 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The firm has a 50-day moving average of $58.62 and a 200 day moving average of $58.92. The firm has a market cap of $39.23 billion, a P/E ratio of 25.75 and a beta of 0.61.

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.