Delta Financial Group Inc. boosted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 69.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,121 shares of the company’s stock after acquiring an additional 8,662 shares during the period. Delta Financial Group Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,215,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Members Advisory Group LLC increased its position in JPMorgan Equity Premium Income ETF by 10.5% in the 4th quarter. Members Advisory Group LLC now owns 99,363 shares of the company’s stock valued at $5,721,000 after acquiring an additional 9,454 shares during the period. Wealthspire Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $424,000. Curtis Advisory Group LLC increased its position in JPMorgan Equity Premium Income ETF by 5.6% during the 4th quarter. Curtis Advisory Group LLC now owns 221,539 shares of the company’s stock worth $12,745,000 after purchasing an additional 11,683 shares during the period. First Horizon Advisors Inc. increased its position in JPMorgan Equity Premium Income ETF by 223.8% during the 4th quarter. First Horizon Advisors Inc. now owns 5,961 shares of the company’s stock worth $343,000 after purchasing an additional 4,120 shares during the period. Finally, Pinnacle Financial Partners Inc increased its position in JPMorgan Equity Premium Income ETF by 51.3% during the 4th quarter. Pinnacle Financial Partners Inc now owns 151,328 shares of the company’s stock worth $8,706,000 after purchasing an additional 51,331 shares during the period.
JPMorgan Equity Premium Income ETF Trading Down 1.0 %
NYSEARCA JEPI opened at $59.13 on Friday. The business’s 50 day moving average is $58.57 and its two-hundred day moving average is $58.85. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The stock has a market capitalization of $34.70 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.
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.
See Also
- Five stocks we like better than JPMorgan Equity Premium Income ETF
- Stock Market Sectors: What Are They and How Many Are There?
- These 5 Energy Stocks Hedge Inflation With Growth Potential
- The 3 Best Retail Stocks to Shop for in August
- Unity Stock: Is a True Turnaround Finally Taking Shape?
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- DuPont’s Electronics Spinoff: The Start of Something Big
Want to see what other hedge funds are holding JEPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report).
Receive News & Ratings for JPMorgan Equity Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Equity Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.