Laraway Financial Advisors Inc Raises Holdings in JPMorgan Equity Premium Income ETF $JEPI

Laraway Financial Advisors Inc increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 8,185 shares of the company’s stock after acquiring an additional 260 shares during the quarter. Laraway Financial Advisors Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $465,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Atlas Capital Advisors Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 12.1% in the first quarter. Atlas Capital Advisors Inc. now owns 4,670 shares of the company’s stock worth $267,000 after purchasing an additional 504 shares in 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 period. 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 period. Coastline Trust Co grew its stake in JPMorgan Equity Premium Income ETF by 14.0% in the 2nd quarter. Coastline Trust Co now owns 1,981 shares of the company’s stock valued at $113,000 after buying an additional 243 shares in the last quarter. Finally, Parallel Advisors LLC raised its holdings in JPMorgan Equity Premium Income ETF by 3.1% during the 2nd quarter. Parallel Advisors LLC now owns 45,589 shares of the company’s stock valued at $2,592,000 after acquiring an additional 1,372 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $56.97 on Tuesday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88. The stock’s fifty day moving average price is $56.76 and its two-hundred day moving average price is $56.13. The company has a market cap of $41.21 billion, a P/E ratio of 23.93 and a beta of 0.62.

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.