JPMorgan Equity Premium Income ETF $JEPI Shares Bought by Modus Advisors LLC

Modus Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,900 shares of the company’s stock after acquiring an additional 1,043 shares during the quarter. Modus Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,586,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Mather Group LLC. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth $25,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth $29,000. Millstone Evans Group LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth $29,000. Arlington Trust Co LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 140.0% in the first quarter. Arlington Trust Co LLC now owns 600 shares of the company’s stock worth $34,000 after acquiring an additional 350 shares during the last quarter. Finally, Global Wealth Strategies & Associates purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at $36,000.

JPMorgan Equity Premium Income ETF Trading Down 0.6%

JPMorgan Equity Premium Income ETF stock opened at $56.90 on Friday. The firm has a market capitalization of $41.06 billion, a P/E ratio of 23.93 and a beta of 0.62. The stock has a fifty day moving average price of $56.77 and a 200 day moving average price of $56.22. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $60.88.

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.