Focus Financial Network Inc. Raises Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Focus Financial Network Inc. increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 16.7% in the second quarter, HoldingsChannel.com reports. The fund owned 64,084 shares of the company’s stock after buying an additional 9,159 shares during the period. Focus Financial Network Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,643,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Atlas Capital Advisors Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 12.1% during the 1st quarter. Atlas Capital Advisors Inc. now owns 4,670 shares of the company’s stock valued at $267,000 after buying an additional 504 shares during the last quarter. Ritholtz Wealth Management boosted its holdings in JPMorgan Equity Premium Income ETF by 2.5% in the 1st quarter. Ritholtz Wealth Management now owns 7,827 shares of the company’s stock worth $447,000 after buying an additional 192 shares during the last quarter. Northern Trust Corp boosted its holdings in JPMorgan Equity Premium Income ETF by 9.8% in the 4th quarter. Northern Trust Corp now owns 23,525 shares of the company’s stock worth $1,353,000 after buying an additional 2,107 shares during the last quarter. GAMMA Investing LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 8.2% in the 1st quarter. GAMMA Investing LLC now owns 130,565 shares of the company’s stock worth $7,460,000 after buying an additional 9,934 shares during the last quarter. Finally, Parallel Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 3.1% in the 2nd quarter. Parallel Advisors LLC now owns 45,589 shares of the company’s stock worth $2,592,000 after buying an additional 1,372 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.93 on Friday. The stock has a market cap of $41.08 billion, a P/E ratio of 23.93 and a beta of 0.62. The stock’s 50 day simple moving average is $56.77 and its 200-day simple moving average is $56.18. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year 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.