JPMorgan Equity Premium Income ETF $JEPI Shares Bought by Northeast Financial Group Inc.

Northeast Financial Group Inc. lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 215,412 shares of the company’s stock after purchasing an additional 15,689 shares during the period. JPMorgan Equity Premium Income ETF makes up 3.6% of Northeast Financial Group Inc.’s investment portfolio, making the stock its 7th largest holding. Northeast Financial Group Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $12,246,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Kingstone Capital Partners Texas LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 387,324.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after purchasing an additional 401,771,477 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 35.9% during the first quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock worth $1,609,887,000 after buying an additional 7,443,750 shares in the last quarter. Royal Bank of Canada lifted its position in JPMorgan Equity Premium Income ETF by 10.5% during the first quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock valued at $463,927,000 after buying an additional 772,858 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 11.3% during the first quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock worth $434,911,000 after purchasing an additional 774,664 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 14.9% during the first quarter. Raymond James Financial Inc. now owns 6,435,593 shares of the company’s stock worth $367,730,000 after purchasing an additional 833,285 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.2%

NYSEARCA JEPI opened at $57.10 on Wednesday. The company’s fifty day simple moving average is $56.78 and its 200-day simple moving average is $56.14. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $60.88. The stock has a market cap of $41.21 billion, a P/E ratio of 23.93 and a beta of 0.62.

JPMorgan Equity Premium Income ETF Company 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.