Optimum Investment Advisors Increases Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Optimum Investment Advisors raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 23.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,594 shares of the company’s stock after acquiring an additional 300 shares during the quarter. Optimum Investment Advisors’ holdings in JPMorgan Equity Premium Income ETF were worth $95,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. HHM Wealth Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $28,000. Larson Financial Group LLC increased its holdings in JPMorgan Equity Premium Income ETF by 129.8% in the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after buying an additional 314 shares in the last quarter. Morris Financial Concepts Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 114.1% in the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after acquiring an additional 331 shares during the period. Beaird Harris Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth about $38,000. Finally, Whittier Trust Co. of Nevada Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 105.2% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock valued at $41,000 after acquiring an additional 367 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $59.93 on Friday. The firm has a market cap of $35.17 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $59.97. The business has a 50-day moving average price of $58.63 and a 200 day moving average price of $57.26.

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.